spending
Uswitch warns 816,000 households could be affected by fixed deals ending and suggests they could see bills rise by an average of £155 as they are moved onto standard variable tariffs
That’s the suggestion from the End Fuel Poverty Coalition, which warns a second wave of the virus arriving during colder weather could be ‘catastrophic for individuals and health services’
In his much-awaited Summer Statement, which serves as a recovery plan for the UK economy, the Chancellor outlined how he planned to tackle ‘profound economic challenges’ with a ‘historic investment in infrastructure’
In a bid to limit the damage inflicted by the global oil crisis and the impact of the ongoing pandemic, many companies are taking short-term risk mitigation measures to stay afloat
The announcement comes as part of a raft of new funding to accelerate the country’s progress towards its goal of reaching net zero in 2045
A new report suggests colder weather could see each household spend an average £448 more on energy and warmer clothing this winter compared with the spring-summer period
That’s the claim from Friends of the Earth, which says spending on planting and management in the UK has been in overall decline for several decades
Only last month the French energy giant said the cost of building the Hinkley Point C nuclear power plant could increase by up to £2.9bn
The International Energy Agency says global energy investment is falling short of what would be needed to meet continued robust growth in the world’s energy demand
The Office for National Statistics suggests this accounted for around 1.8% of total government expenditure over the year