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Energy bills – stay: Protesters block ten oil terminals as families face biggest rise in British fuel bills

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A studying on a home family gasoline meter.

(PA Archive)

Five million households might be pressured to spend not less than a tenth of their price range on power bills after the most important value rise since information started got here into impact on Friday.

Bills will improve by a median of £693 a year to the price for these on default tariffs after Ofgem’s value cap was lifted by 54 per cent.

The value rises will double the variety of households in “fuel stress” – a time period for these spending 10 per cent or extra of their revenue after housing prices on power bills – in a single day from 2.5 to five million in England alone, in response to the Resolution Foundation assume tank.

Quite a lot of power agency web sites crashed on Thursday as clients rushed to take meter readings to keep away from companies assigning present utilization to April when charges are set to leap.

Labour chief Keir Starmer has mentioned that immediately is a “significant and worrying say for millions of people”, telling Sky information that folks had been “tossing and turning in their beds” over how they’d pay for power value hikes.


Almost two-thirds of companies set to boost costs in subsequent three months – the very best proportion since 1989

Almost two thirds of UK companies are making ready to hike their costs in the following three months, in response to a survey by the British Chambers of Commerce.

The variety of firms planning value rises is the very best for the reason that Nineteen Eighties, when the survey started.

The survey of greater than 5,600 companies discovered that almost all have reported no change in funding spending, with 27 p.c reporting a rise and 15 p.c a decline.

Businesses cited the rising value of uncooked supplies, and the elevated power and transport prices, as the drivers for his or her value hikes.

A 3rd of companies additionally mentioned that the price of labour was influencing the choice to extend costs, The Guardian reported.

Holly Bancroft1 April 2022 09:59


Just Stop Oil: Protesters block 10 oil terminals and pressure Exxon Mobil UK to droop operations

Protesters from local weather group Just Stop Oil blocked “10 critical oil terminals” throughout the UK on Friday morning forcing Exxon Mobil, one of many nation’s largest privately owned underground oil pipeline distribution networks, to quickly droop operations at a few of its websites.

The oil big confirmed that “small protests” had been underway at their Hythe, Birmingham and West London fuel terminals, writes Tom Batchelor.


Protesters shut down Gray’s Inter Terminals by boarding fuel haulage autos

(Getty Images)

Read the complete story right here:

Holly Bancroft1 April 2022 09:45


Government minister admits his central heating is run on oil

Home office minister Kit Malthouse has mentioned his family is going through a “tricky” time throughout the price of dwelling disaster, together with his dwelling central heating working on oil, Political correspondent Ashley Cowburn writes.

Kit Malthouse, who performed broadcast interviews with a hearth on in the background, informed LBC: “Obviously the day-to-day is sort of tough.
“As you know, I’ve got children. They need to be fed and that cost is rising.

“My fuel prices are rising quite significantly, and I have to say that in my constituency I’m on oil central heating still, sadly.”

The Conservative MP for North West Hampshire continued: “Oil, I’m afraid to tell you, doesn’t come under the energy price cap, and lots of people in rural areas are suffering from the oil price rise.

“So we are feeling it very significantly. I have to confess to you, we did convert last year to electric vehicles, so we are feeling the electric price but not through the petrol. So it is a challenge for everybody.”

Crime and policing minister Mr Malthouse mentioned that he had tried to log onto his power app on Thursday night time as thousands and thousands appeared to log meter readings earlier than the power cap value rise got here into impact, and it “wasn’t working either”.


Holly Bancroft1 April 2022 09:36


Price of eggs should rise by 40p or companies face collapse, producers say

Hundreds of egg producers are going through hovering fuel value rises and are struggling underneath new necessities for hens to be stored indoors as a result of a hen flu outbreak.

Beleaguered companies are calling on large retailers to extend the worth of a dozen eggs by 40p to cease smaller producers from closing store, The Guardian has reported.

Andrew Jorêt, chair of the British Egg Industry Council, informed the paper: “The tidal wave of cost increases will see many family farms, some of which have been producing eggs for generations, going under in a matter of days, unless something is done quickly.”


Holly Bancroft1 April 2022 09:22


Families might face an additional £800 power invoice rise in October, former NPower boss warns

Energy bills might rise by as a lot as £800 when the worth cap is reset in October, the previous boss of power company NPower has warned.

Speaking to LBC, Paul Massara mentioned: “The reality is that the price cap has protected people through the winter period, but now it has come back and it’s biting.

“A £700 to £2,000 rise is incredibly large and for those people most in need, those people most vulnerable, who are trying to budget day by day essentially, this is going to be a massive shock.”

He added: “And what’s worse is that the forward look seems to be that in October when the cap is reset again we could be anywhere between another £400 to £800,”

Holly Bancroft1 April 2022 09:13


Families face an additional £60 a year on their bills to repair Britain’s leaky sewers – reviews

Households must pay an additional £60 a year on prime of their water bills to pay to repair Britain’s ageing sewers, The Daily Mail has reported.

Ordinary families must tackle the additional burden regardless of water firms making a whole bunch of thousands and thousands of kilos in revenue.

United Utilities made £602 million in working income final year, with its chief govt Steve Mogford incomes £2.94 million in the monetary year 2020/21, the paper reported.

Thames Water made £488 million in income final year.

Water firms additionally dumped sewage greater than 370,000 instances into rivers final year.

Environment secretary George Eustice mentioned yesterday that sewage dumping into rivers and streams can be diminished by 80 per cent by 2050.

He mentioned: “Today, we are setting specific targets to ensure that those storm overflows are used only in exceptional circumstances – delivering on our Environment Act and building on wider work on water quality.”

Holly Bancroft1 April 2022 09:00


Why are inexperienced power tariffs hovering alongside electrical energy and gasoline costs?

The UK at the moment has an estimated 9 million households on inexperienced power tariffs, who may anticipate to be shielded from spiraling wholesale gasoline costs. So why are they nonetheless being affected by rising prices? Joe Sommerlad explains.

The reality is that choosing a inexperienced tariff doesn’t imply that the electrical energy you obtain comes solely from renewable tasks like photo voltaic vegetation and offshore generators.

Instead, the electrical energy you’re provided with is exactly the identical as that of your neighbour on a regular tariff as a result of all suppliers depend on the National Grid.

Holly Bancroft1 April 2022 08:51


Explainer: Who is eligible for assist with power bills and council tax?

He introduced that every one home power clients can be entitled to a one-off £200 low cost on their energy bills that might be utilized mechanically from October and paid again in £40 instalments over 5 years.

He additionally mentioned that each house owner with a property graded in bands A to D can be entitled to a £150 council tax rebate, a measure meant to assist out 80 per cent of houses in England and for which owners don’t want to use.

Read extra concerning the measures right here:

Holly Bancroft1 April 2022 08:43


Government response to value of dwelling disaster ‘pathetic’: Keir Starmer

Labour chief Keir Starmer has criticised the federal government’s assist with the price of dwelling disaster as “pathetic”. He hit out on the determination to hike nationwide insurance coverage charges, saying it’s “the wrong tax at the wrong time”.

He added: “For the Government to decide to impose more tax in national insurance, now is the wrong time. It’s the wrong tax at the wrong time.

“I think most people are clear that … the Government really needed to step up in its spring statement last week. They failed to do so and their response is frankly pathetic on a very, very difficult day for millions of people.

“Energy bills are going up far more than we’ve ever seen on record. People are really struggling and I just don’t think the Government gets it.”

Holly Bancroft1 April 2022 08:32


‘This is a significant and worrying day for millions of people’: Keir Starmer

Labour chief Keir Starmer has mentioned that immediately is a “significant and worrying say for millions of people”, telling Sky information that folks had been “tossing and turning in their beds” over how they’d pay for power value hikes.

He added: “I’ve spoken to people tossing and turning in their beds about how they’re going to pay for this.

“What we say as the Labour Party is, look, oil and gas companies in the North Sea have made more profit than they have expected because global prices have been high.

“Therefore, we should have a windfall tax on that and use it to reduce those bills by up to £600 for those that need it most.

“So, there’s a very practical plan on the table – the only plan on the table, quite frankly.”


Holly Bancroft1 April 2022 08:22

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