Today news
About the same in other media
22.12 - 18:47
Ministers under pressure to protect consumers from energy price crisis
Reading now: 110
Energy bosses are dialling up the pressure on ministers to shield consumers from soaring gas and electricity bills, with calls on government to set up a multibillion pound scheme to help spread the cost to households over a number of years.
Amid warnings that energy bills could rise by 50% next year, triggering a “national crisis”, suppliers such as EDF have called on the Treasury to follow other European countries by cutting VAT and green levies to bring down bills.
One idea gaining traction within the industry, including at trade body Energy UK, involves a government-administered scheme to smooth the impact across multiple years, so that consumers aren’t hit all at once.
Under plans sketched out by energy suppliers, one or more commercial
Read more on theguardian.comAbout this in other media
The JCB heir with big money in green energy theguardian.com /2 years ago
Madagascar minister swims 12 hours to reach shore after helicopter crash euronews.com /3 years ago
Brexit minister quits as UK government faces anger over new COVID-19 rules euronews.com /3 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
