Category: Household bills

War in Middle East ‘could wipe out growth in UK living standards’

Rising oil and gas prices may affect increase of £300 a year for typical working-age households, says leading thinktankBusiness live – latest updatesThe Middle East crisis could trigger an energy price shock that...

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Tony Blair’s thinktank accuses Ed Miliband of driving up energy prices

Report by Tony Blair Institute urges government to drop some green policies amid criticism of decarbonisation goalTony Blair’s thinktank has accused Ed Miliband of driving up energy prices in his push to make...

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‘Plainly wrong’: London flat dwellers fight shock £200,000 heating bill

Almost 1m UK households are hooked up to heat networks. None had protection from poor service or price hikes … until last month‘If I could move, I would – to a place without a heat network. But I can’t...

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No ban on gas boilers in UK warm homes plan but heat pumps get £2.7bn push

Government opts against phasing out new boilers by 2035 in effort to cut energy bills by as much as £1,000 a yearAnalysis: Labour’s warm homes plan is all carrot and no stick for UK householdsThere will be no...

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Ministers may cut green tech mandate from new homes regulations in England

Exclusive: Critics say removing battery installation requirement will reduce amount homebuyers save on energy billsMinisters are poised to allow homes in England to be built without carbon-cutting technology in what experts have...

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Keir Starmer to woo voters and MPs with new year plan to cut cost of living

PM to highlight energy bill and interest rate cuts, plus end to two-child benefit cap, and to invite his MPs to ChequersKeir Starmer will attempt to rescue his relationship with disillusioned voters and his own fractious MPs in...

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Cuts to insulation scheme will leave homes cold over winter, experts say

E3G thinktank warns retrofit sector could shed 10,000 skilled jobs as small firms struggle to surviveCuts to a scheme for insulation and heatpumps for low-income households will leave homes damp, draughty and unsafe over winter,...

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UK energy bill payers will hand £2bn a year to EDF for new power stations

French government-owned company to receive funding for Hinkley Point C and Sizewell C Business live – latest updatesUK energy bill payers will hand over £2bn a year in subsidies to EDF, the French company building...

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Rachel Reeves targets UK’s wealthiest in £26bn tax-raising budget

Chancellor axes two-child benefit cap and cuts energy bills paid for by mansion tax and freezing tax thresholds Analysis: ‘Tax-raising budget crash-lands on struggling economy’Budget 2025: key points at a...

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Rachel Reeves says budget will cut living costs after shock OBR leak

Chancellor unveils action on energy bills, rail fares and end of two-child benefit cap as OBR reveals £26bn tax rises before budget speechBudget 2025 – follow liveHow freezing tax thresholds affects your tax...

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Hundreds of thousands to lose heat pump subsidies in Reeves’s budget plan

Exclusive: Supporters say grants largely going to middle-class households, but experts warn move will slow transition from gas boilersHundreds of thousands of homeowners will lose their right to subsidies for eco-friendly heat...

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