volatile and going up drastically and we expect that to convert into customer prices as well. so and we expect that to convert into customer prices as well. customer prices as well. so what sort of action customer prices as well. so what sort of action is customer prices as well. so what sort of action is the customer prices as well. so what sort of action is the german - sort of action is the german government looking at? the german government government looking at? the german government is government looking at? the german government is now government looking at? the german government is now introducing - government looking at? the german government is now introducing a - government looking at? the german| government is now introducing a new tax, a levy on consumers with about 2 cents per kilowatt hour. so this is a huge amount of money and average family would pay roughly 500 euros a day at the end of the year. so this is quite a drastic increase for customers. but t
shadow chancellor, rachel reeves. these astronomical increases in prices, it is striking fear into the hearts of families right across the country, and that is why labour are saying the government must act. they must freeze gas and electricity prices through the winter, they should pay for that with an extension of the windfall tax on the oil and gas companies who are making huge profits, and use that money to keep bills as low as possible for everybody else. that is the right and fair thing to do, that is what labour would do, and that is what the government must now press on and do. the energy regulator, david, this morning calling for immediate government action, urgently and decisively was the phrase that was used. how unusual is it for the regulator to make this direct appeal to the government? it s strong words for a regulator to essentially say the government has to take action and has to take action now.
will there are out of date. how much new money will there be? are out of date. how much new money willthere be? i are out of date. how much new money will there be? will there be? i hear you. looking at october- will there be? i hear you. looking at october- december, will there be? i hear you. looking at october- december, the i will there be? i hear you. looking at october- december, the £400j will there be? i hear you. looking i at october- december, the £400 to at october december, the £400 to provide every household on their bills will effectively meet half the increase announced today. we know we need to do more because actually the most vulnerable households have no cushion, they have nothing available to them, so what i am looking at is how i can target that help for those people, notjust to how i can target that help for those people, not just to january, how i can target that help for those people, notjust to january, but how i can target that help for those people
and potentially into next year, there is still significant price pressure. citizens advice have predicted a quarter of us won t be able to afford our fuel bills by the autumn. the struggle with living costs has already begun for marina. she s a former carer, who can t work because she has long covid. she s at the citizens advice bureau in ipswich to apply for universal credit, and often sits in the dark to try to save money. to actually fear every day how you re meant to live, it s just something else. didn t think i d get to this age and be worried about things like this. you just think it s going to be normal. but there are people trying to help. near ipswich, the rural coffee caravan is on its rounds. it s a charity which signposts people to various services that can help. and rising energy prices is the main concern. well, if i can t afford it, i won t put it on, because i won t get into debt.
pretty lines, lovely coastlines, they won t see the areas where families and individuals are struggling to make ends meet and thatis struggling to make ends meet and that is getting worse so we definitely need east anglia to be recognised with its own identity and the needs of this area need to be addressed. the the needs of this area need to be addressed- the needs of this area need to be addressed. ., ., , addressed. the government have put mone into addressed. the government have put money into trying addressed. the government have put money into trying to addressed. the government have put money into trying to help addressed. the government have put money into trying to help people, - money into trying to help people, this was announced back in may when a price cap was 2800, we now know todayit a price cap was 2800, we now know today it is £3500, it will go up to thousand in january. today it is £3500, it will go up to thousand injanuary. what else do people need to do? th