Broadcaster and financial journalist
The Bank of England, along with most other major central banks, is raising interest rates to try and fight inflation. The theory is that if you make borrowing money more expensive, you reduce demand within the economy because people and businesses will spend less. As demand falls, businesses will have to reduce their prices, which ultimately helps to bring down inflation.
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Nadhim Zahawi Suggests People Use Less Energy As Bills Rise SharplyNadhim Zahawi suggests people use less energy as bills rise sharply What a tool,how can people cut back anymore,I’m sick of seeing unhelpful advice,nadhimzahawi put your money where your pearly whites are,you do the same live a few months like people who can’t afford heating or eating! Or better still make all the tories put money stolen from us If you haven't yet realised it, ALL our politicians, Conservatives UKLabour and the also rans are completely useless, weak and entirely self-serving. There's only one solution to Britain's problems and that's a guillotine in Parliament Square.
Source: HuffPostUK - 🏆 108. / 51 Read more »
Soaring energy price cap will cause 'stress and anxiety' - but Chancellor Nadhim Zahawi insists help on the wayChancellor Nadhim Zahawi has admitted that the soaring energy price cap will cause 'stress and anxiety for many people' - but added that 'help is coming' from the government. Let's be honest NOBODY needs help until those bills start coming in Oct it's been warms and lighter. So people can save on the energy now Help on the way? They’ve been saying that for ages ffs they know what they’re doing Help is on its way though eh 🤦♂️
Source: SkyNews - 🏆 35. / 67 Read more »
Soaring energy price cap will cause 'stress and anxiety' - but Chancellor Nadhim Zahawi insists help on the wayChancellor Nadhim Zahawi has admitted that the soaring energy price cap will cause 'stress and anxiety for many people' - but added that 'help is coming' from the government. Let's be honest NOBODY needs help until those bills start coming in Oct it's been warms and lighter. So people can save on the energy now Help on the way? They’ve been saying that for ages ffs they know what they’re doing Help is on its way though eh 🤦♂️
Source: SkyNews - 🏆 35. / 67 Read more »
What Can We Do To Make The Government Act On The Energy Crisis?Ministers disappeared the morning when Ofgem confirmed its huge energy price cap hike.
Source: HuffPostUK - 🏆 108. / 51 Read more »
Energy price cap to rise to £3,549 on October 1 in brutal cost of living blowThe energy price cap will rocket by 80% from £1,971 - and it is expected to go even higher throughout the winter. As long as my man Boris keeps going to Kyiv every two months, I'm okay with that. ofgem Conservatives and all the energy companies (who make BILLIONS of pounds in profit every year) are lining each others pockets and royally taking the piss out of the people.
Source: MetroUK - 🏆 13. / 82 Read more »
Energy bills price cap news live: Ofgem announce new level as prices expected to soar amid cost of living crisisThe new energy price cap is announced - amid predictions prices could soar to almost £7,000 per year for the average household from next April. Clearly not working that flat out or something would have been in place now, it’s not like todays news is a surprise for the chancellor. Stop lying and do something. He’ll b working 2 lower taxes 4 his rich pals he means 😡 👀 👀
Source: SkyNews - 🏆 35. / 67 Read more »