Plans by Liz Truss to cap energy bills could mean that increases in the cost of living will peak earlier and be 'significantly lower' than previously forecast.
Economists also expect the UK to fall into a recession despite Liz Truss' energy support plan - albeit a shorter and less severe one. Some suggested on Wednesday that plans to cap energy bills could mean that increases in the cost of living will peak earlier and be "significantly lower" than previously forecast.
Both cautioned that there was uncertainty around what exactly the plan will look like and what would happen once any cap is lifted. Other economists suggested that the soaring cost of living could be tempered by Ms Truss's support package. The End Fuel Poverty Coalition charity estimates that if the energy price cap is frozen at £2,500 this October, 6.9 million UK households will still be in fuel poverty this winter - up from 4.6 million households last winter.
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
What exactly does Prime Minister Liz Truss stand for and why did she dodge scrutiny? - Andrew VineAs our new Prime Minister takes office today after her formal invitation to do so by the Queen at Balmoral, I haven’t a clue what she stands for or proposes to do about the crises besetting our country.
Lire la suite »
'Unite or it's over': Iain Duncan-Smith says Tories are 'staring into the grave' and must now support TrussThe Conservative Party must now 'unite' behind Liz Truss or face losing the next election, Tory MP Sir Iain Duncan Smith has told LBC's Tonight with Andrew Marr.
Lire la suite »
Taxes, the economy, energy, the NHS: Liz Truss's Conservative leadership election victory speech in fullThe new prime minister-in-waiting told MPs and peers listening to her victory speech that she will 'govern as a Conservative... deliver on the energy crisis... and... deliver on the National Health Service'.
Lire la suite »
Inside Love Island stars Tasha and Andrew’s £600-a-night hotel roomTASHA Ghouri and Andrew Le Page are enjoying all the perks of their new celebrity status, which includes a stay at a £600-a-night hotel. The Love Island couple having been enjoying a weekend in And…
Lire la suite »
Man Charged With Assaulting 3 People at NH Dunkin' StoreA New Hampshire man is facing multiple charges after he allegedly assaulted three people during a confrontation at a local Dunkin’ store. Andrew Scheiner, 40, of South Hampton, is charged with three counts of simple assault and one count apiece of criminal mischief, criminal trespass, disorderly conduct and obstructing report of crime or injury. He was held without bail pending…
Lire la suite »
Tunic dev: Xbox Game Pass is 'an incredible deal'Tunic was an instant success when it launched into Xbox Game Pass as a surprise addition earlier in the year. We chatted with creator Andrew Shouldice about Tunic's Xbox Game Pass experience.
Lire la suite »