Starmer facing Reform UK byelection challenge as Mike Amesbury quits as MP after assault conviction – UK politics live

Contest in Runcorn and Helsby will be a challenge for Labour

Around 80 Labour MPs could refuse to back government plans to cut billions from the welfare budget, Amy Gibbons and Tony Diver claim in a story for the Daily Telegraph. They report:

The Telegraph understands that around 80 Labour MPs – roughly a fifth of the parliamentary party – “won’t tolerate” billions of pounds of welfare cuts set to be announced by the Chancellor later this month.

The anger is said to have spread beyond the “usual suspects”, with MPs who would not typically criticise Sir Keir threatening to “give the government a slap” over the proposals.

Our Labour values are built on a simple but powerful idea: that every individual, regardless of background or circumstance, should have the support they need to make the most of their lives. Everyone who is capable of working deserves the security, dignity and agency that employment offers. Of course, there are some people who are not able to work and they must be treated with compassion and respect. But for those that can, we must restore the pathways to opportunity which are currently so sparse for millions of people. It is exactly what a Labour government exists to do …

As MPs, we understand that delivering this new social contract requires hard choices to be made. We welcome the work that has begun to rebuild our welfare system, and we are fully supportive of it. We believe reforming our broken system is not only necessary, but also a truly progressive endeavour. And so we have established the Get Britain Working Group to make that argument, insistently.

The radical package of reforms will see:

-£5bn in savings by making it harder to qualify for Personal Independence Payments - a benefit not linked to work that is meant to help people with the additional costs of their disability

This government is determined that instead of facing a life on benefits … we stretch every sinew and pull every lever to ensure that we can get those people into work, because that is the best way for them to have a successful and happy life into the future.

So I think it’s quite right to look at a benefit system which is clearly broken.

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Energy network owners have made £3.9bn from higher bills, says report

Citizens Advice believes Ofgem made flawed interest rate calculation for companies in Great Britain

The companies behind Great Britain’s gas pipes and power lines have pocketed a windfall of nearly £4bn from household bills during the energy and cost crisis, according to a report.

The analysis, by Citizens Advice, argued that energy network owners were able to make the “excess profits” over the past four years after the industry regulator misjudged their costs.

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Energy bills in Great Britain forecast to rise by 5% from April

Households face greater than expected rise in Ofgem price cap after Europe’s gas storage levels slump, analysts say

Millions of households face a greater than expected increase to their energy bills of about 5% from April after a slump in Europe’s gas storage levels caused market prices to climb, according to analysts.

The average gas and electricity bill for a typical household in Great Britain is expected to rise by £85 from April to £1,823 a year under the energy regulator’s price cap.

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Solar panels could cut fuel-poor UK families’ energy bills by 24%, says study

Call for means-tested grants or loans to cover upfront costs that prevent poorer households from benefiting

Poorer households could cut their energy bills by a quarter if solar panels were installed on their rooftops, a report has found.

However, the upfront costs mean that those who stand to benefit most from decreased energy bills are prevented from getting panels installed, according to the Resolution Foundation thinktank.

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Almost 40 firms banned from installing UK insulation amid botched jobs outcry

Schemes backed by previous government to improve energy efficiency have left homeowners unable to sell

Almost 40 building companies have been blocked by the government from installing insulation amid a growing outcry over the profusion of botched jobs across the UK.

Ministers also announced that any homes found to have received botched insulation would have the issues put right by the installer responsible at no extra cost to the homeowner.

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One in six UK workers skipping meals to make ends meet, says TUC

Trade unions body finds 17% have skipped meal in past three months, and as many as 10% do so most days

As many as one in six workers in Britain are skipping meals to make ends meet as households remain under pressure from the higher cost of groceries, energy and other essentials.

Highlighting the impact of the cost of living crisis on working households, figures from the Trades Union Congress (TUC) showed 17% of full- or part-time workers had skipped a meal to reduce their spending in the past three months.

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Millions of households in Great Britain face higher energy bills as price cap rises

Average annual bill in England, Scotland and Wales increases by 1.2% to £1,738 from New Year’s Day

Nine million homes will face higher energy bills from Wednesday as Britain braces for freezing temperatures and snow warnings for the new year period.

The average energy bill for households across England, Scotland and Wales will rise by 1.2% from New Year’s Day to £1,738 a year for a typical household after the energy regulator raised its cap on gas and electricity charges.

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Labour donor Dale Vince urges ‘rigorous financial scrutiny’ of Sizewell C costs

Green energy entrepreneur voices concerns over project’s funding and ‘spiralling costs’ of UK’s other nuclear plants

The government’s new value for money tsar has been challenged to examine the costs of a nuclear power station to be given final approval next year, as ministers attempt to shore up private investment for the project.

New nuclear plants are a key part of the government’s plan to have clean power by 2030. The Sizewell C reactor, billed as generating enough energy to power 6m homes, is expected to be given the final go ahead in June’s review of public spending. Its projected costs are in excess of £20bn.

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Energy bills, mortgages, food: will cost of living surge again under Labour?

The government claims to be fixing the economy but households may face more pressure in the months ahead

Labour swept to power in the wake of a cost of living crisis that hit households hard, with the price of food and energy rocketing alongside the impact of Liz Truss’s disastrous mini-budget on mortgage rates.

At 2.3%, inflation is nowhere the 10% peak after Russia’s invasion of Ukraine, but it is creeping up, and could hit 3% in 2025, say forecasters.

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E.ON must pay £14.5m to prepayment customers after billing failures

Ofgem says nearly 250,000 people will each receive average of £144 in compensation and refunds

The energy regulator has ordered power supplier E.ON Next to pay £14.5m in compensation to nearly 250,000 prepayment customers, after an investigation found “unacceptable” failures to pay credit they had on accounts or final bill payments they were owed.

Ofgem found that the customers were affected over an 18-month period from early 2021 to late last year by an error in E.ON Next’s billing system. About 100,000 of the affected accounts were also in credit.

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UK’s inflation jump dashes hope of interest rate cut in December | Heather Stewart

Rate cut unlikely until 2025 as energy prices blamed for stronger-than-expected inflation of 2.3%

Any lingering hope that the Bank of England might deliver a pre-Christmas interest rate cut next month appears to have evaporated, after official data showed inflation jumping to 2.3% in October.

The CPI measure had been expected to tick up, after dipping to 1.7% in September, but 2.3% was stronger than expected.

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Higher employment costs and interest rates to push UK firms into financial trouble; Trump tariffs would ‘hit growth’ – business live

Rolling coverage of the latest economic and financial news

Begbies Traynor also reveals that their employment costs are expected to rise by £1.25m due to the increase in employers’ national insurance contributions.

The company is “reviewing options to mitigate the impact where possible”.

“Additional headwinds for UK business from increased employment costs and the prospect of higher for longer interest rates are likely to extend the period of elevated insolvency levels, increasing the need for advice and support from our insolvency and business recovery professionals.”

“We have made a very good start to the year with double digit growth in revenue and profits driven by positive momentum across the group. This gives us confidence that we will deliver market expectations for the year as a whole.

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Britons warned to expect ‘disappointing’ rise in energy bills in January

Price cap for Great Britain forecast to rise to £1,736 a year for average dual-fuel bill, according to Cornwall Insights

Britons have been warned to expect a “disappointing” rise in energy bills in January, adding pressure to household finances, despite earlier hopes that prices may ease early next year.

The price cap for Great Britain is forecast to rise to £1,736 a year for the average dual-fuel bill, according to Cornwall Insights, a well-respected energy consultancy. This is a rise of 1% from the current price cap, which increased last month to £1,717 a year for a typical consumer.

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UK ‘risks repeat of surging energy bills’ amid continued reliance on gas

Energy crisis panel warns country is ‘dangerously unprepared’ and must shift away from gas quickly

Britain is at risk of experiencing a repeat of the sharp increase in energy costs which has fuelled the continuing cost of living crisis because it relies too heavily on gas, according to an expert panel of industry leaders.

The Energy Crisis Commission has warned that the UK is still “dangerously underprepared” for another crisis because it continues to rely on gas for its power plants and home heating.

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Stop pushing heat pumps or face major backlash, green energy magnate tells Labour

Party donor Dale Vince warns that urging homeowners to switch to clean-power technology risks political storm bigger than Ulez

The government risks a huge political backlash if it keeps pushing the public to install heat pumps to replace their boilers, one of Britain’s leading green entrepreneurs has warned.

Dale Vince, a major Labour donor and renewable energy advocate, called on Keir Starmer to rethink national programmes, championed by Boris Johnson, pushing the technology. Vince argued that Whitehall should explore alternatives to the devices, which he said were expensive, caused serious disruption and could end up increasing energy bills for some people.

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Martin Lewis says energy price cap is a ‘pants cap’

Consumer champion urges consumers to head to a price comparison website to find a cheaper deal

The consumer champion Martin Lewis has said that the energy price cap should be called the energy “pants cap” because there are much cheaper energy deals available.

The cap is adjusted every quarter by Ofgem, the energy regulator for Great Britain, and imposes a maximum on how much suppliers can charge customers for each unit of gas and electricity. On Tuesday it increased by nearly £150 to the equivalent of £1,717 a year for an average dual-fuel household paying by direct debit.

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Winter fuel cut savings will be far less than Reeves expected, new analysis finds

A surge in claims for pension credit will make thousands more people eligible for the payments and other benefits

Rachel Reeves has been warned that her cut to pensioner winter fuel payments risks saving hundreds of millions less than anticipated, in a new blow to her attempts to close the hole in Britain’s finances.

The chancellor and her Treasury team are already re-examining parts of a plan to crack down on non-dom tax status over concerns that it may not raise any money.

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Winter fuel: thousands more could lose benefit if it becomes means tested, data suggests

A further 175,000 pensioners are likely to stop receiving allowance under such plans, official figures show

A further 175,000 pensioners could lose the winter fuel allowance if the benefit becomes means tested, data suggests.

About 11.6 million people in the UK received the benefit last winter, an increase of 214,000 on the previous year, according to figures released on Tuesday by the Department for Work and Pensions (DWP). The overwhelming majority are to have this removed this winter under plans announced by the Labour government to cut spending on the benefit.

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‘We’ll get the blame’: tensions simmer within Labour over winter fuel cut

While Commons rebellion was small-scale, behind the scenes, anger over handling of the policy is said to run high

In the end, the vote to cut the winter fuel allowance passed easily. Hundreds of loyalist Labour MPs tramped through the lobbies to back the government’s controversial plan. No 10 will hope the heat has gone out of the issue.

But despite dodging a major rebellion, plenty in government were not taking much comfort from the result. Scores of MPs abstained in silent protest, fearful that they could be condemning vulnerable pensioners to a cold, hard winter.

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Support planned for UK households struggling with winter energy bills

Government discusses measures after criticism over cuts to winter fuel payments

Ministers have committed to help households struggling with their gas and electricity bills this winter after energy industry bosses warned that consumer debt had climbed to more than £3bn.

With Labour under fire for scrapping universal winter fuel payments to pensioners, ministers met energy industry bosses on Wednesday to discuss ways of supporting struggling households through the coming colder months.

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