To help with the rising energy bills this winter, the UK government has announced supporting payment measures for households. A range of methods has been planned to help UK households, especially those on lower incomes. In October, Ofgem will release the new price cap, expected to soar to a record high of £2,800 a year, […]
The energy crisis in the UK is showing no signs of stopping. As experts say that the energy price cap will rise again in October, many worry about not being able to afford paying for their energy supply. Fuel poverty, a condition where a household cannot afford to heat their home, is becoming a growing
New measures to help vulnerable households deal with the energy crisis Read More »
On Tuesday, Conservative MPs will be told to vote against a windfall tax on oil and gas companies, according to the Business Secretary, who also criticized the Treasury’s plan. The windfall tax, according to Kwasi Kwarteng, is a “bad idea” that would undermine the government’s efforts to generate more employment by discouraging investment from such
Uncertainty over Windfall Tax for Oil and Gas Companies Read More »
The energy price cap, introduced by Ofgem in January 2019 to prevent energy suppliers from charging customers too much for their energy supply, is the maximum amount that a supplier can charge for an average energy consumption. The price cap, therefore, determines gas and electricity prices for 22 million households across the country. As Sky
Can more frequent changes to energy price cap solve the crisis? Read More »
Chancellor Rishi Sunak announced in his 2021 budget that there would be no VAT cut to household energy bills. This news came as a blow to millions of households who have seen a sharp rise in their energy bills this autumn. As winter draws closer, energy consumers across the country are growing increasingly worried about
No VAT Cut to Your Energy Bill: What do You Need to Know Read More »
Up until now fusion energy has been more of a goal or even a dream than a reality. This was due to the impossibility of containing the heat generated by such a powerful reaction. However, thanks to a major breakthrough achievement by MIT scientists, that dream is now a reality, a reality with a target
In response to Moscow’s military invasion of Ukraine, the European Council, which is made up of EU leaders of state and government, said on February 24 that further sanctions targeting Russia’s energy, transportation, and other sectors had been agreed upon. In a statement following a meeting in Brussels of EU leaders, the European Council said
EU Leaders Agree on New Energy Sanctions for Russia Read More »
July 8th saw the Welsh Government publish a document regarding the purpose of the Interministerial Group for Net Zero, Energy and Climate Change. This writeup is to provide references and support effective engagement and collaboration in areas of shared interest between the portfolio ministers leading on these issues within the UK administrations, and is led by
The government agency Ofgem has taken concrete steps to safeguard the well-being of microbusinesses by setting forth a set of final proposals that will help protect them from immoral brokers, following a report in which Citizens Advice claimed, “these firms are not protected in the same way as ordinary customers, and risk being needlessly disconnected.”
With the average age of UK vehicles now reaching 8.4 years old, it’s no wonder that progress toward net zero commitments is at risk! A new report by the Society of Motor Manufacturers and Traders (SMMT) suggests that as car ownership has become more affordable over recent decades, Brits are increasingly opting to buy
Ageing vehicles in the UK are living long enough to receive a pension Read More »