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Tag: Martin Lewis

Councils consider ‘warm banks’  for Britain’s most vulnerable this winter

30 August 202219 January 2024Political Fiber0

Councils across Britain are looking at opening “warm banks” to provide places for people struggling to pay their energy bills this winter. Art galleries, museums and libraries will all become refuges when bills soar to more than £3,500 in October – three times more than the cost last winter. Some 8.9 million households are predicted […]

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Energy bills up 80% in October amid warnings that ‘people will die’

26 August 202219 January 2024Political Fiber0

UK energy bills will rise from £1,971 to £3,549 in October with Ofgem today confirming the 80% hike. Household bills are forecast to soar even further in 2023 with warnings already made that “people will die” because of the rises. Energy consultants Cornwall Insight predict the average gas and electricity will increase to £5,386 in […]

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Fear of riots as energy bills predicted to be £4,266 in January

9 August 202219 January 2024Joe Cahal0

Almost half of Britons fear there will be riots if the government does not provide more help with the cost of living crisis as energy bills are forecast to surge past £4,200. More than half of the country (55%) believe an organised campaign not to pay energy bills is justified, according to the Independent, while […]

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Sunak insists £15bn package is not the cost of Sue Gray report

26 May 202219 January 2024Political Fiber0

Rishi Sunak has emphatically denied the timing of his £15 billion emergency package to help households battling with the cost of living crisis has anything to do with yesterday’s publication of the Sue Gray report. The chancellor insisted the timing of today’s (May 26) announcement “is because we now have more clarity about what is […]

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Cost of living ‘civil unrest’ risk, while benefits rise just 3%

12 April 202219 January 2024Political Fiber0

As Martin Lewis warns of imminent ‘civil unrest’ in the UK from the worsening cost of living crisis, state pensions and benefits rise by less than half of the rate of inflation – which is predicted to hit 8.4% later this year. Monday’s (April 11) 3.1% rise for state pensions and benefits makes the value […]

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Budget 2021 – £65n boost for business but focus is biggest tax hikes for 50 years

3 March 202119 January 2024Joe Cahal0

Rishi Sunak delivered his second Budget as chancellor with a further £65 billion boost for businesses and workers hit by the pandemic, but the focus has been on the biggest tax rises for half a century. The Financial Times labels the budget a “spend now, tax later Budget” while the Conservative supporting Telegraph headlines their […]

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