Britons face a shock as household costs soar – and some unexpected items such as beer also go up
It’s been dubbed “bleak Friday” by some: pre-announced price rises for many household bills are to take effect on 1 April, adding to the misery for consumers who are already paying more for goods and food than this time last year.
Continue reading...Chancellor expected to announce fuel duty cut in package of measures to tackle cost of living crisis
Rishi Sunak will promise “security” to cash-strapped families as he announces a fresh package of measures to tackle the cost of living crisis on Wednesday, but will continue to underline the importance of fixing the public finances.
The chancellor has been under intense pressure to take action to help households with the rocketing cost of fuel and other essentials. The financial expert Martin Lewis told MPs on Tuesday that many households are facing a “fiscal punch in the face” when the energy price cap rises next month.
Continue reading...Hamptons expects sums to become 54% of post-tax income for average rented household in Great Britain
Tenants already struggling with the cost of living crisis typically face having to find an extra £1,000 this year to cover higher rent and essential bills, research shows.
The estate agent Hamptons said tenants’ finances faced a record squeeze as higher rents and energy bill increases combined to pile more pressure on households in Great Britain.
Continue reading...Japanese measures including turning down the heating and slower trains could ease pressure on British households, say experts
Britain could learn from Japan’s response to the Fukushima nuclear plant disaster by reducing energy consumption to deal with soaring global gas prices after the Russian invasion of Ukraine, academics have said.
Suggesting a coordinated response to record gas prices could help ease the pressure on households, experts told MPs on the Commons business committee that steps to reduce national demand for gas-fired power next winter could be deployed.
Continue reading...Analysis: whether tapping other suppliers or switching energy sources, there is no quick and easy option to loosen Putin’s economic grip
As Boris Johnson told parliament that Europe must wean itself off Russian gas – to loosen Vladimir Putin’s “grip on western politics” – the Nikolay Zubov tanker was making its way back from British waters to the port of Sabetta, in northern Siberia.
The 300m-long vessel had recently dropped off a consignment of liquefied natural gas (LNG) at the Isle of Grain terminal, in the Thames Estuary, operated by the National Grid.
Continue reading...Nearly two years after the first lockdown was implemented, legal restrictions related to coronavirus are finally being lifted. Here we chart what has changed in people’s lives
It’s nearly two years since the prime minister, Boris Johnson, announced the first national Covid lockdown and, for many Britons, life feels close to normal.
As of Thursday, there are no longer any restrictions in England – no legal requirement to wear masks or to self-isolate after a positive Covid test. But have our lives changed in other ways that will outlive the pandemic? Have our habits changed for good?
Continue reading...Feeling the chill? Get knitting, or make some soup, or tackle the dirty dishes, or …
Use natural materials to knit yourself a jumper – they are better for the planet and keep you warmer than artificial yarns. The beauty and benefits start almost as soon as you cast on, since the growing garment on your knees keeps you warm long before it’s ready to wear. Win-win! Carol Brook, West Yorkshire
Continue reading...International Energy Agency says pollution from power generation will worsen until alternatives are found
The global surge in demand for energy could spark another three years of market volatility and record power plant pollution unless countries make major changes to how they generate electricity, the world’s energy watchdog has warned.
The International Energy Agency recorded the steepest ever increase in electricity demand last year, which triggered blackouts in major economies and led to historic energy price highs and record emissions.
Continue reading...What to expect in the coming months, and what you can do to manage the costs
The UK’s energy crisis deepened last week after gas market prices surpassed the record highs set in October to reach a new all-time high of £4.50 per therm, about nine times higher than this time last year.
Continue reading...Financial and relationship woes caused by Covid in the UK are driving a rise in older people returning to live with family
The Covid pandemic has led to growing numbers of baby boomers in Britain moving back in with their elderly parents, experts have said.
The reasons are varied, from the positive – grown-up children ensuring their parents had care and company during lockdowns – to the negative, including financial and relationship breakdowns.
Continue reading...No cause for alarm now, says Kwasi Kwarteng as energy discussions are likened to early Covid crisis talks
The government was scrambling on Saturday night to reassure Britons that rising gas prices would not plunge the country into an energy crisis, as ministers held a series of emergency meetings with energy companies and regulators to establish whether the nation could keep the lights and central heating on this winter.
A senior industry insider likened the meetings held between the business secretary, Kwasi Kwarteng, and energy industry leaders to the early crisis talks held following the outbreak of Covid-19.
Continue reading...Coal plants being warmed up as market prices surge to £2,500 per MWh from a norm of £40
A major fire has forced the shutdown of one of Britain’s most important power cables importing electricity from France as the UK faces a supply crunch and record high market prices.
National Grid was forced to evacuate staff from the site of the IFA high-voltage power cable, which brings electricity from France to a converter station in Kent, where 12 fire engines attended the blaze in the early hours of Wednesday morning.
Continue reading...Exclusive: analysis of US cities shows emergency on affordability of running water amid Covid-19 pandemic
Millions of ordinary Americans are facing rising and unaffordable bills for running water, and risk being disconnected or losing their homes if they cannot pay, a landmark Guardian investigation has found.
Exclusive analysis of 12 US cities shows the combined price of water and sewage increased by an average of 80% between 2010 and 2018, with more than two-fifths of residents in some cities living in neighbourhoods with unaffordable bills.
Continue reading...Haircuts for rough sleepers. Beauty treatments for cancer patients. Boilers for disabled people. A wave of specialists are providing skills – and hope – for those in need
Goodwill, it appears, is in high demand. One thing all the altruists I met while researching this article have in common is that they’re on the phone the whole time. Perhaps if mobiles had been around in Robin Hood’s day he would have had one pressed constantly to his lughole. “Marion … yes, love. I’m just having a fight on a bridge with Little John … sorry, you’re breaking up, terrible reception in here, all the oaks... What, the Sheriff’s abducted you? OK, I’m coming!”
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