الأعمال والاقتصاد
Labour is still searching for an energy fix for a new world
المصدر: Business | The Guardian · نُشر
The chancellor is right to focus on pure affordability, but £100 handouts and delayed decisions won’t shield consumers from the next wave of price hikes Amid the myriad of small measures, virtually everything in John Healey’s budget came back to the cost of energy. The higher ene
The chancellor is right to focus on pure affordability, but £100 handouts and delayed decisions won’t shield consumers from the next wave of price hikes Amid the myriad of small measures, virtually everything in John Healey’s budget came back to the cost of energy. The higher energy prices that have resulted from the Iran war have pushed up inflation, are eating into households’ incomes, are a drag on businesses – and are the main reason why the forecast for GDP growth next year was cut from 1.6% to just 1%. And energy was the focus of Healey’s sole surprise in his consumer-facing policies – the £100 payment to 20m households in A-D council tax bands to help with fuel bills this winter.
It will be funded, in effect, by tapping the banks for a few quid for 15 months via the bank surcharge. Continue reading...
أخبار ذات صلة
Income tax: Healey’s budget leaves thresholds frozen again. How much more will you pay?
Tax policy means freezes reduce take-home pay as earnings rise in line with inflation Income tax thresholds are set to remain frozen after John Healey’s first budget as chancellor. One of the biggest tax rises in recent years has happened without a change in the rates at which pe
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Will elections in Israel change its Iran approach?
As Israelis head to the polls, the country's conflict with Iran casts a long shadow over the ballot box. But any leadership changes in Israel may not be enough to shake up its grand strategy on Tehran.
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Political battle intensifies within Labour over Rosebank oil field
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feeds.bbci.co.uk ·
Dharshini David: Healey buys himself some time, but big questions still unanswered
The chancellor talked of charting a new course for Britain, but the impact of Iran war has limited his options.
feeds.bbci.co.uk ·
Healey unveils £100 for energy bills and bank tax in first Budget
The chancellor targets the cost of living amid global economic turmoil but opposition parties say he has not been bold enough.
feeds.bbci.co.uk ·