months? , ., ., ., ., ~ months? they are going to make a oint months? they are going to make a joint speech. months? they are going to make a joint speech, the months? they are going to make a joint speech, the prime months? they are going to make a joint speech, the prime minister. months? they are going to make a i joint speech, the prime minister and the chancellor next month setting out the economic strategy and apparently tax cuts are not going to be part of it. which seems risky. i mean, we have 70% of borisjohnson s backbenchers don t have confidence in him. you have redwall seats, some with a very slim majority, and this is obviously in the wake of the wakefield results last week and the bye election where there was nearly a 13% swing from the conservatives to labour, and as david davis was saying, constituents are going to be thinking about their inability to pay these soaring bills. inflation soaring. they are seen people striking, they are, you know, gas bills are ar
they find themselves, when the invasion in ukraine started they found themselves under hedged and actually now have to buy fuel in the market at that inflated price, that is really going to hurt them. i think cost of living further down the horizon, has a concern, less so for some departures, we get to the back end of this calendar year when the expected energy bills will land on doormats, you will have a full year of this kind of 10% level inflation may be more talk of recession, that is when you will see demand start to be curtailed, people may be less willing to book when we get the winter and next summer. martin, thank ou winter and next summer. martin, thank you very winter and next summer. martin, thank you very much winter and next summer. martin, thank you very much for - winter and next summer. martin, thank you very much for your - thank you very much for your time. stay with us on bbc news. still to come, is safety taking a back seat in india s rush for cheap electric tr
many single parents have lost out hugely because of that, notjust in terms of luxuries, but in terms of everyday items like food. but, you know, there needs to be some help in capping that price increase and other ways, you know, increasing the amount of emergency funds available that are available to very low income people. in terms of the squeeze that people are already experiencing, i mean, certainly we ve seen energy costs go up, and in the coming months i suppose those first bills that reflect that will be landing on people s doormats. yes, but, i mean, the situation s been getting worse ever since the pandemic started for single parents, because many were in flexible jobs, they lost their hours, they lost wages, they lost theirjobs, and they also saw a massive increase in prices, which we ve all seen. and so they ve already been hit by the impact. and when they lost the £20 a week uplift, that caused them further damage, and now this is even more
terms for families that you are connected with? terms for families that you are connected with? , . ,., . connected with? it is a huge impact, otentiall connected with? it is a huge impact, potentially catastrophic. connected with? it is a huge impact, potentially catastrophic. most - potentially catastrophic. most single parents earn very little and many are in poverty, by which they are earning under £16,000 per year, so this is a huge proportion of their already low earnings. what so this is a huge proportion of their already low earnings. what can be done to help their already low earnings. what can be done to help them? their already low earnings. what can be done to help them? first - their already low earnings. what can be done to help them? first of - their already low earnings. what can be done to help them? first of all, | be done to help them? first of all, reinstatin: be done to help them? first of all, reinstating the be done to help them? first of all, reinstati
charities say that would put an extra 1.5 million households into fuel poverty. in recent days, gas prices paid internationally have not just reached records, but they re reached, frankly, incredible levels. for context, the latest consumer price cap, which rose 10% to £1,277 for a typical house, was based on ofgem observing this price at 65 per therm in the first half of the year. if the past week s prices persist, analysts forecast that, in april, could go up to an incredible £1,700 1,800. energy bills of this size landing on the nation s doormats in april at the exact same time taxes are going up won tjust prove unaffordable for millions of ordinary households, it could prove unthinkable for a government that s prided itself on raising real wages that s increasing pay packets more than the rate of inflation. other governments around europe