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No plans to prolong windfall tax to generators before Borexit

Heather Trudeau
Boris Johnson, Chancellor, energy crisis, energy prices, Energy Profits Levy, Finance & Markets, gas prices, Top Stories, Treasury, UK Government, windfall tax
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No plans to prolong windfall tax to generators before Borexit The government has not got any plans to prolong the windfall tax on electricity generators before Boris Johnson vacates the office of Prime Minister. The Prime Minister’s spokesman stated to reporters that the choice not to increase the tax is in line with government policy…
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Huge renovation of UK electricity market

Heather Trudeau
Boris Johnson, electricity market, energy bills, energy customers, energy market, energy prices, energy supplier, Finance & Markets, gas prices, Top Stories, UK Government, wholesale electricity
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Huge renovation of UK electricity market Boris Johnson has signalled the largest renovation of the UK’s electricity market since its privatisation 30 years ago. Speaking on BBC Radio 4’s Today programme, the Prime Minister stated: “At the moment, one of the problems is that people are being charged for their electricity prices on the basis…
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Stake bought by UK in Sizewell C nuclear power station

Heather Trudeau
Boris Johnson, EDF, Energy security, energy supply, energy transition, Finance & Markets, Nuclear Power, nuclear power project, Sizewell C, Suffolk, Top Stories, UK Government
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Stake bought by UK in Sizewell C nuclear power station A 20% stake will be taken in the expected Sizewell C nuclear power project in Suffolk by the government. in the past £100 million was committed by the ministers for the progress and development of the Sizewell C nuclear plant. The Prime Minister in the…
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High fuel prices will remain for a while to come.

Heather Trudeau
Boris Johnson, cost of living crisis, energy bills, energy crisis, energy prices, energy retail market, Finance & Markets, fuel prices, gas prices, housing, Nuclear Power, offshore wind, Prime Minister, Top Stories, UK Government, wholesale energy costs
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High fuel prices will remain for a while to come. The Prime Minister has stated today, prices of fuels may stay at a high level for a while Boris Johnson has stated in a speech on the cost of living, housing and the war in Ukraine “Price of oil and gas looks likely to remain…
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UK government to support PumpWatch

Heather Trudeau
Boris Johnson, cost of living crisis, diesel, FairFuelUK, Finance & Markets, Fuel Duty, Grant Shapps, petrol, PumpWatch, RAC Foundation, UK government
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UK government to support PumpWatch: Boris Johnson and Grant Shapps, at last see PumpWatch as a Solution to the Cost of Living Crisis. Last 3 Years Pump Profits have Doubled. Why? Updated figures originated from RAC Foundation and FairFuelUK on May 27th Image credit: RAC Foundation and FairFuelUK To prevent any doubt, it is FairFuelUK’s…
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Boris hails support packages for rising energy bills

Heather Trudeau
Boris Johnson, Chancellor, cost of living crisis, energy prices, Finance & Markets, gas prices, Policy, Prime Minister, Stockton-On-Tees, Top Stories, UK government
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Boris hails support packages for rising energy bills Boris Johnson has approved the government’s new energy bill support package as “a big bazooka”. Speaking during a visit at Stockton-on-Tees, the Prime Minister stated: “I am not going to pretend that this is going to fix everything for everybody immediately and there are still going to…
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Govt to explore windfall tax if little investment is made

Heather Trudeau
Boris Johnson, Chancellor, energy bills, energy prices, Finance & Markets, gas prices, oil and gas, Rishi Sunak, Top Stories, uk economy, UK government, windfall tax
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Govt to explore windfall tax if little investment is made: The Prime Minister has not taken the idea off the table of bringing in a windfall tax on the profits of oil & gas companies. On LBC radio, in an interview, Boris Johnson stated: “The disadvantage with this sort of taxes is that they deter…
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Queen’s Speech outlines Energy Bill

Heather Trudeau
Boris Johnson, Climate, COP26, cost of living crisis, Efficiency & Environment, Energy Bill, Environment, house of commons, legislation, Policy, Prince Charles, Queen, queen's speech, Sustainability, sustainable farming, Top Stories, Transport, UK Government, UK Infrastructure Bank
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Queen’s Speech outlines Energy Bill: An Energy Bill has been announced today to assist the country’s attempts to guarantee “cheaper, cleaner and secure” energy. The Queen’s Speech was delivered by the Prince of Wales after Her Majesty cancelled her appearance as this is her 1st absence since 1963. Prince Charles set out the government’s plan…
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£375m Energy Security Strategy sealed by government

Heather Trudeau
BEIS, Boris Johnson, carbon capture, decarbonisation, Efficiency & Environment, energy imports, Energy Networks Association, Energy Security Strategy, energy transition, Finance & Markets, hydrogen, Kwasi Kwarteng, Nuclear Power, nuclear reactor, Russia, Scotland, Top Stories, UK government, Ukraine
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£375m Energy Security Strategy sealed by government: The government has now reported it will invest £375mn in technologies that could help the UK’s independence with energy. The plan contains £240 million to support the creation of hydrogen, £2.5 million of funding to expand next-gen nuclear technology & an additional £5 million in the way of…
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Energy Security Strategy criticised by E.ON boss

Heather Trudeau
BEIS, Boris Johnson, E.ON, energy bills, energy crisis, energy customers, energy retail market, Energy Security Strategy, energy supplier, energy transition, Finance & Markets, Russian oil and gas, Top Stories, UK government, wholesale energy costs
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Energy Security Strategy criticised by E.ON boss: The boss of E.ON UK has slammed the government’s Energy Security Strategy due to its failure to present more help to customers throughout the increasing cost of living. “We needed an Energy Security Strategy to set a course for a zero-carbon future & to help protect customers from…
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