Energy watchdog Ofgem is set to be handed new statutory powers – dubbed a “nuclear deterrent” – to end inflated prices. The new legislation to free people from “rip off” energy tariffs should be operating next winter, a move which would protect 11 million customers. The law will allow energy…
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The government has reached a compromise with Labour over the legislation underpinning the new energy price cap, quashing fears the flagship policy would be delayed. A House of Lords amendment would have introduced a permanent relative price cap – a limit on the gap between energy firms’ most expensive and…
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THERESA MAY has agreed to pour an additional £384million per week into the NHS after Brexit – exceeding the amount mooted by the official Leave campaign and effectively locking the UK into leaving the EU. The boost for the health service, which the Prime Minister will set out in a…
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‘Lord, give me chastity, but not yet’ has been the UK’s economic motto for years. We save less, invest less and build less economically-vital, growth-promoting infrastructure than we should. We’ve got a rock-and-roll economy that lives for today, unlike those sober Germans who invest for tomorrow. So who cares? After…
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