-
As the UK grapples with a cost of living crisis, rising energy prices are set to impact millions. The government has restricted winter fuel payments, affecting around 10 million people. Experts recommend expanding cold weather payments to alleviate the burden on struggling households, particularly families with children.
-
As of October 1, 2024, the average household energy bill in the UK has increased by £149 annually, reaching £1,717. This rise, driven by international market pressures, coincides with the withdrawal of winter fuel payments for many pensioners, raising concerns about affordability during the colder months.
-
As Labour delegates meet in Liverpool, the party grapples with backlash over cuts to winter fuel payments for pensioners not receiving pension credit. The decision, aimed at addressing a £22 billion fiscal shortfall, has raised concerns about its impact on vulnerable populations, particularly the elderly. Calls for transparency and impact assessments grow louder.
-
A petition to raise the UK Christmas bonus from £10, unchanged since 1972, has gained over 15,000 signatures. Advocates argue the payment should be adjusted for inflation, especially as winter costs rise. The Department for Work and Pensions has not yet responded to these concerns as pressures mount ahead of winter.
-
The UK's Consumer Confidence Index has dropped significantly, indicating economic concerns for the new government. Chancellor Rachel Reeves warns of a £22 billion fiscal shortfall, leading to anticipated tax rises and spending cuts in the upcoming budget. Meanwhile, calls for improved financial inclusion and education are growing amid rising complaints about irresponsible lending.
-
The UK government has voted to limit winter fuel payments to pensioners on specific benefits, affecting over 10 million people. This decision aims to save £1.5 billion amid a £22 billion financial shortfall, raising concerns about the welfare of vulnerable seniors this winter.
-
Consumer advocate Martin Lewis has urged the UK government to shift its focus from installing new smart meters to repairing faulty ones. He highlights that 19% of households with smart meters report issues, leading to potential misbilling and consumer frustration. The current rollout strategy is under scrutiny as many meters fail to function properly.
-
Recent reports reveal that three-quarters of North Sea oil and gas companies plan to invest solely in fossil fuels until 2030, raising concerns about their commitment to renewable energy. The UK government has banned new oil and gas licenses, emphasizing the need for a transition to clean energy amid dwindling fossil fuel reserves.
-
Latin American countries are focusing on clean hydrogen as a key energy transition strategy. Colombia and Mexico are leading efforts to shift from fossil fuels to renewable energy, but face challenges in investment and infrastructure. Industry experts emphasize the need for contracts to stimulate production and attract customers.