1/3 Brits are eager

The CMA Pump Price Enquiry must not be a whitewash

The CMA Pump Price Enquiry must not be a whitewash: The Profit Motivated Motoring Associations must Stop Blaming ALL Retailers for the High Prices at the Pumps A firm message to the Govt: Kwasi Kwarteng’s ask of the CMA to investigate fair pricing at the pumps must be the most detailed examination of the fuel…
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Plug-in car grant ends

Plug-in car grant ends: The government reported the plug-in car grant scheme for electric vehicles (EVs) closed last week, after previously verifying funding until 2022-23. Why is this? The government reported it would allow it to concentrate funding for what it called the main barriers to the EV transition, along with public charging and supporting…
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Cornwall Insight on January Default Tariff Cap forecast

Cornwall Insight on January Default Tariff Cap forecast: Data reported on Monday evening (20/06) from Cornwall Insight forecast that the Default Tariff Cap for Q1 2023 (Jan-Mar) will rise to £3,003 per year for a typical user, with the last quarter of 2022 Q4 (Oct-Dec) predicted to be £2,980. The rise means an average household…
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Windfarms able to access greater market revenues

Windfarms able to access greater market revenues: Data collected by Cornwall Insight has shown that offshore windfarms delaying the beginning of their CfD contracts with the government, might have made substantially bigger profits since the start of 2022. Under a government’s Contracts for Difference (CfD) agreement, favourable generators, are awarded a Strike Price for each…
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UK government to support PumpWatch

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

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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Windfall tax is not the single solution to energy crisis

Windfall tax is not the single solution to energy crisis: After the announcement from the Chancellor of the Exchequer that the UK government will be bringing in a temporary, targeted energy profits levy, Dan Atzori, Research Partner at Cornwall Insight stated: “The energy market is in a state of transition, with geopolitical concerns threatening to…
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Cheapest fixed tariff energy deals £1,700 over Price Cap

Cheapest fixed tariff energy deals £1,700 over Price Cap: Research from Cornwall Insight using data compiled by Comparison Technologies, has demonstrated the average price of the least costly ten fixed price tariffs in April was £3,685 a year, £1,714 higher than the present Default Tariff Cap. The research, which examined deals for new direct debit…
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MPs Want Diesel & Petrol Pump Profits Checked

MPs Want Diesel & Petrol Pump Profits Checked: MP states: “Oil barons are the new oligarchs raking in billions of excess profits” Headlines: Unchecked oil bosses better than doubled forecourt profits in the previous 3 years sparking calls for price cuts by MPs. Retail and wholesale analyses by campaigners, FairFuelUK show companies make 126 per…
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Government must spend £20bn on energy battery storage

Government must spend £20bn on energy battery storage: Modelling from Cornwall Insight on Great Britain’s (GB) Power Market up to 2030 has demonstrated that between 2025 and 2030 the government needs to spend almost a fifth (18%) of its entire energy technologies investment, which contains solar, wind, nuclear & Carbon Capture and Storage (CCUS), on…
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