The national insurance hike has kicked in at a time when the cost of living is at an all-time high, leaving workers and many businesses more vulnerable than ever. But the Prime Minister has called the NI rise “necessary, fair, and responsible”. The additional funds in government coffers are to boost the NHS, with the […]
Continue Reading
Labour has called for the government to take contingency measures in case fuel rationing is needed in the UK as Russia’s war in Ukraine deepens. Shadow business secretary Jonathan Reynolds said “there’s a lot of complacency in this country” about the UK’s exposure to Russian gas and urged the government to plan for fuel rationing […]
Continue Reading
Protests around the country have seen thousands march against record energy price rises while climate change activists target the country’s fossil fuel infrastructure. Protestors in Cardiff and Birmingham joined those in central London, marching on Downing Street to voice their alarm at the cost of living crisis – exacerbated by Friday’s 54% increase to the […]
Continue Reading
On the same day that energy bills are hiked 54% and council tax and national insurance contributions rise, MPs have been given a £2,212 pay rise. It takes their basic pay to £84,144, which doesn’t include expenses. MPs can get £23,290 per year to help pay their rent. They can also get £190,750 for staffing […]
Continue Reading
Chancellor of the exchequer Rishi Sunak has stalled the prime minister’s already delayed energy security strategy. It is nearly three weeks since Boris Johnson pledged the government’s energy plan will be published “in the next few days”. However, Sunak “doesn’t want to provide any new money” for schemes to help wean the UK off its […]
Continue Reading
Rishi Sunak’s claims to be a tax-cutting Tory chancellor have been debunked by the Office for Budget Responsibility (OBR). Sunak’s Spring Statement turned out to be a mini-budget and featured headline grabbing measures such as the 5p off fuel duty (for 12 months), a national insurance cut for 30 million workers and a pledge to […]
Continue Reading
Sir Keir Starmer has said P&O Ferries “must not be allowed to get away” with the “disgusting” sacking of 800 workers and replacing them with foreign staff. “It just makes my blood boil,” said the furious Labour leader. “It is a complete betrayal of the workforce. It’s just disgusting. “This is a company that had […]
Continue Reading
Boris Johnson “has paved the way” for another major policy U-turn with speculation the recently announced fracking ban is to be reversed. The prime minister has suggested that sealing the UK’s two shale gas wells does not make sense in light of the energy crisis following Russia’s invasion of Ukraine. Johnson’s spokesperson said today (March […]
Continue Reading
Foreign secretary Liz Truss has fired back at Kremlin claims her rhetoric and actions led to Vladimir Putin’s order to escalate nuclear operations. The Russian leader instructed his “deterrent forces” – including nuclear weapons – to a “special mode of combat duty” because of “aggressive statements” by the West. The foreign secretary told MPs that […]
Continue Reading
London’s FTSE 100 fell 4% while the price of gas, oil and other commodities soared as spooked financial markets reacted to Russia’s invasion of Ukraine. UK households will be facing even higher costs for energy, food and fuel as a direct result of the conflict. The energy price cap will rise even higher in the […]
Continue Reading