Cost of living crisis

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1/3 Brits are eager

UK’s fracking firms might be qualified for tax breaks

UK’s fracking firms might be qualified for tax breaks Fracking companies may get help from tax breaks by using a loophole in the government’s windfall tax. That’s the suggestion from a analysis uploaded by the campaign society Uplift which implies the investment allocation tied to Energy Profits Levy could prolong to fracking companies, which may…
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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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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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High fuel prices will remain for a while to come.

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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Energy price increase in October may affect caregiving

Energy price increase in October may affect caregiving The energy crisis is now affecting caregiving duties. A recent survey from Smart Energy GB reveals nearly 85 % of carers are currently spending alot more on energy as part of their caregiving. It is predicted that there is about 13 million unpaid carers in the UK,…
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Businesses need support with new energy bill package

Businesses need support with new energy bill package Businesses in the UK have asked the government to step in and safegaurd them against unstable energy costs. Data from Make UK, which represents the country’s manufacturing sector, shows that more than two-thirds of firms claim that soaring energy bills are causing ‘catastrophic’ or ‘major’ problems to…
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Price Cap predictions soar with EU sanctions on Russia

Price Cap predictions soar with EU sanctions on Russia: Cornwall Insight’s forecast for the October (Q4 2022) Default Tariff Cap has gone up to £2,879 for an average consumer, as Russian oil sanctions cause renewed uncertainty throughout the energy market. The predictions for the January (Q1 2023) Cap are even more pricey rising to more…
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UK fuel prices at all time high

UK fuel prices at all time high A family needs to pay £95.15 for petrol and £100.42 for diesel to fill up a 55-litre car. Fuel costs in petrol stations across the UK continue to skyrocket amid the volatile energy landscape and the war in Ukraine. RAC fuel spokesperson Simon Williams stated: “The price of…
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Consumer trust in the energy industry has collapsed

Consumer trust in the energy industry has collapsed Consumer believe in the energy industry has been corrupted, new survey has discovered. The latest Which? consumer insight tracker displays that consumer trust in the gas and electricity industry has collapsed from +23 a year ago to -21 now. Almost all the surveyed consumers quoted price rises…
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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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