MPs and peers urge PM to act on soaring energy bills
It argues that by scrapping the 5% VAT rate on energy bills and suspending environmental levies which fund renewable energy schemes, the average household could save £200 on their energy bill. Mr Halfon told BBC Breakfast he had "huge worries" about the rising energy costs for people across the country.
"I strongly believe that given that the price cap is going to go this year in the spring that the government should look at other measures and one of those could be... to suspect the green levies which are actually 25% of everybody's energy bill," he said. He added that he was not saying to "get rid of them forever" but to suspend them at a time when people could really struggle. Labour has also called for the lifting of VAT on fuel bills for the winter to help households, while Ovo Energy firm boss Stephen Fitzpatrick last week suggested that some "environmental social policy costs" should be removed by the government. Other suppliers including Good Energy, EDF and trade body Energy UK have called for government intervention, after the cost of gas in wholesale markets rose by more than 500% in less than a year. More than 20 energy suppliers have gone out of business since the start of September, with their customers shifted to new providers. But many will find themselves on a different - and potentially more expensive - tariff than their previous energy deal. Last week the Resolution Foundation think tank warned that millions of UK families face a "year of squeeze" in 2022 thanks to rising energy bills, stagnant wages and tax rises. It says that an increase in National Insurance contributions from April, along with an expected rise in energy bills in the same month could amount to a £1,200 hit to household finances. And the foundation warned that poorer families will bear the brunt of these rises as they spend a greater proportion of their income on electricity and gas. The government says it has taken steps to help, including reducing the Universal Credit taper, providing cold weather payments and freezing alcohol and fuel duty.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
PM warned NHS ‘does not have enough staff for surge facilities – follow liveLatest Covid Omicron news in the UK: 🔴 ‘Prepare for the worst’, NHS bosses warn 🔴 UK breaks daily Covid cases record again with 189,213 🔴 Wales loans England 4 million lateral flow tests amid shortage
Read more »
PM says jabs have put UK in 'incomparably better' position than last yearJABS have put Britain on an “incomparably better” footing to fight Covid than last year, Boris Johnson hailed today in a major boost for freedom. In an upbeat New Year’s message t…
Read more »
'Ramp up campaigning!' Lib Dems put pressure on Boris as Brexit-backers turn on the PMTHE LIBERAL DEMOCRATS are planning to keep the pressure on Boris Johnson into the New Year after polling and by-election results suggest Brexit-backers are starting to turn their backs on the Prime Minister.
Read more »
Arise Sir Tony Blair: Chris Whitty, Jonathan Van-Tam and former PM among New Year’s honoursThe new years honours have been unveiled today with awards for those who have been on the frontline of fighting the pandemic, including the chief medical officers for England, Wales and Scotland. As well awards for those in the world of sport, entertainment and politics.
Read more »
Tory MPs urge Boris Johnson to scrap taxes on rapidly rising energy billsSome 20 Tory MPs and peers have written in the Sunday Telegraph asking Boris Johnson to help consumers.
Read more »