No Tory contender dares address the catastrophic situation the winner faces & More Latest News

However, time is not on their side. The new leader of the Conservative party, and therefore also the next Prime Minister, is not due to be announced until September 5. A fortnight before that date, the new October energy price cap will be announced. On Monday, Jonathan Brearley, the chief executive of Ofgem, admitted to MPs on the Public Accounts Committee that domestic energy bills will rise faster this winter than the energy regulator had previously forecast.

At the beginning of this year, the energy price cap was £1,277 a year on typical usage. In April, it rose by 54pc to £1,971 a year. Some analysts now think the cap will be hiked by a further 65pc in October to £3,244 a year. In other words, energy bills are likely to soar by over 150pc from less than a year ago. 

The situation is evolving so fast that the Government risks being overtaken by events. In March, Rishi Sunak, while still the Chancellor, came up with plans for a £200 energy rebate, which households were told they would have to pay back over five years. In May, he scrapped this idea and announced that most households would receive £400 towards their energy bills.

However, in the two short months since then, the estimates for how much the price cap will rise in October have climbed by £450 – completely gobbling up all the planned help. If the next Prime Minister doesn’t realise this needs to be his or her number one priority, he or she isn’t fit to be the next Prime Minister. 

Read More,


I have tried to give all kinds of news to all of you latest news today 2022 through this website and you are going to like all this news very much because all the news we always give in this news is always there. It is on trending topic and whatever the latest news was

it was always our effort to reach you that you keep getting the Electricity News, Degree News, Donate News, Bitcoin News, Trading News, Transfer News, Gaming News, Trending News, Digital Marketing, Telecom News, Beauty News, Banking News, Travel News, Health News, Claim News latest news and you always keep getting the information of news through us for free and also tell you people. Give that whatever information related to other types of news will be

made available to all of you so that you are always connected with the news, stay ahead in the matter and keep getting today news all types of news for free till today so that you can get the news by getting it. Always take two steps forward

All this news that I have made and shared for you people, you will like it very much and in it we keep bringing topics for you people like every time so that you keep getting news information like trending topics and you It is our goal to be able to get

all kinds of news without going through us so that we can reach you the latest and best news for free so that you can move ahead further by getting the information of that news together with you. Later on, we will continue

to give information about more today world news update types of latest news through posts on our website so that you always keep moving forward in that news and whatever kind of information will be there, it will definitely be conveyed to you people.

All this news that I have brought up to you or will be the most different and best news that you people are not going to get anywhere, along with the information Trending News, Breaking News, Health News, Science News, Sports News, Entertainment News, Technology News, Business News, World News of this news, you can get other types of news along with your country and city. You will be able to get information related to, as well as you will be able to get information about what is going on around you through us for free

so that you can make yourself a knowledgeable by getting complete information about your country and state and information about news. Whatever is being given through us, I have tried to bring it to you through other websites, which you may like

very much and if you like all this news, then definitely around you. Along with the people of India, keep sharing such news necessary to your loved ones, let all the news influence them and they can move forward two steps further.

Leave a Comment

Your email address will not be published.

Scroll to Top