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BBCNEWS BBC News June 4, 2024 09:11:00

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. ....

Hasn T The Government , Shadow Chancellor , Rachel Reeves , Forfuel Bills , Di Money , Windfall Tax , Electricity Prices , Everybody Else , David Wallace Lockhart , Energy Regulator ,

BBCNEWS BBC News June 4, 2024 10:13:00

Say that these won t get energy bills back down to what they were? what kind of medication can you offer, despite the fact that their bills will go up, no matter what you tell people to do? if bills will go up, no matter what you tell people to do? tell people to do? if bills are auoin tell people to do? if bills are going up. tell people to do? if bills are going up. bills tell people to do? if bills are going up, bills are tell people to do? if bills are going up, bills are going i tell people to do? if bills are going up, bills are going up, | tell people to do? if bills are i going up, bills are going up, the only thing we can do is little sort of efficiency nips and tricks. unfortunately, electricity prices are tied to gas steel, and this isn t done at the supplier end, this isn t done at the supplier end, this is done back at the wholesaler and so the minute that is dealing to, hopefully electricity will come down and heat pumps become very viable and heat pumps become ver ....

Forfuel Bills , Won T Get Energy Bills , Didn T , Electricity Prices , Efficiency Nips , Heat Pumps , Victoria Derbyshire ,

BBCNEWS BBC News June 4, 2024 09:47:00

Has said he will bring in new measures to tackle government corruption if he wins october s presidential election. the left wing candidate is currently ahead of his rival, the right wing incumbent, jair bolsonaro, in opinion polls. returning to our top story, the rise in more than 80% of the price cap forfuel bills in england, scotland and wales. the uk s chancellor, nadhim zahawi, has been responding to the price cap announcement. clearly there is real anxiety amongst the population, both in terms of people s household energy, gas and electricity bills, and businesses, especially smes, which i am also focusing on. the help we are putting in at the moment, 37 billion, we are part of the way through, so the help coming in from ....

Government Corruption , Opinion Polls , Jair Bolsonaro , Forfuel Bills , Western Scotland , North West England , Nadhim Zahawi , Household Energy , Price Cap Announcement , 37 Billion ,

BBCNEWS BBC News June 4, 2024 09:33:00

Damage limitation mode as far as consumers are concerned.- consumers are concerned. all the aood consumers are concerned. all the good advice consumers are concerned. all the good advice from consumers are concerned. all the good advice from people - consumers are concerned. all the good advice from people like - good advice from people like yourselves, which is obviously helpful, but it is just not going to touch the sides when you are talking about £6,600 by next april. absolutely. the wholesale markets are very much in panic mode. all european buyers are now eating each other to try to secure as much supply for winter to avoid blackouts as much as they can so what you are in that situation where the expectation of people don t cut their usage, but consumers now need to start playing a role because i would expect if a bill that used to be £1000 goes up to £6,000, if you haven t cut ten, 20%, maybe 30% and looked at every single bit of your usage, that s why those bills probabl ....

Damage Limitation Mode , Panic Mode , You Haven T , Forfuel Bills , Critical Point , Demand Destruction ,

BBCNEWS BBC News June 4, 2024 09:03:00

Comes amid a cost of living crisis, with prices soaring and bills going up. frances reed reports. we ve known for months it was coming, but now it s been confirmed the average household fuel bill will be £3,519 from october. the cap is set by the energy regulator 0fgem and is the maximum amount companies can charge customers for each unit of energy. 0fgem has acknowledged the situation as deeply worrying for many people. i accept this is devastating news for many families out there. so what we re also saying today is, we have ten days now until we will have a new administration, a new prime minister and a new ministerial team. now, we think that the government with our support, with the support of the industry, with the support of ngos needs to act urgently and decisively to address the situation that s before us. because the difficult news i have to give is when i look at what s happening later on this year ....

Forfuel Bills , Household Fuel Bill , Frances Reed Reports , Energy Regulator 0fgem , Hasn T The Government , Prime Minister ,