Author: News Desk

Suppliers raise concerns that energy prices bill contains proposals for ministers to overrule independent regulator, Ofgem The business secretary, Jacob Rees-Mogg, has been accused of launching a “power grab” as new legislation proposes to hand sweeping control over the energy industry to the government. The government last week introduced the energy prices bill to parliament to formalise the energy price guarantee, Liz Truss’s flagship policy to reduce household bills by limiting the cost of electricity and gas for two years. Continue reading… ​Suppliers raise concerns that energy prices bill contains proposals for ministers to overrule independent regulator, Ofgem The business…

Read More

  This came after Mr Biden said Ms Truss’s economic plans were “predictable”, adding: “I wasn’t the only one who thought it was a mistake. The idea of cutting taxes for the super-wealthy – I disagree with that policy but it’s up to Britain to make that judgement, not me.” ​This came after Mr Biden said Ms Truss’s economic plans were “predictable”, adding: “I wasn’t the only one who thought it was a mistake. The idea of cutting taxes for the super-wealthy – I disagree with that policy but it’s up to Britain to make that judgement, not me.” 

Read More

 The new U.K. Treasury chief has insisted that Prime Minister Liz Truss retains control of her government despite having to roll back her signature economic policies weeks into her premiership The new U.K. Treasury chief has insisted that Prime Minister Liz Truss retains control of her government despite having to roll back her signature economic policies weeks into her premiership 

Read More

Shadow transport secretary seeks assurances over ‘staggering’ situation on west coast mainline Labour has accused Avanti West Coast and ministers of risking chaos over Christmas after it emerged the rail operator’s new contract gives no guarantees on improved weekend services, and with tickets unavailable for booking over the festive period. The shadow transport secretary, Louise Haigh, has written to the government seeking assurances about weekend travel along the hugely busy west coast mainline, saying the current situation was “staggering”. Continue reading… ​Shadow transport secretary seeks assurances over ‘staggering’ situation on west coast mainlineLabour has accused Avanti West Coast and ministers…

Read More