Former PM has warned of a financial timebomb awaiting families as Labour plans a major intervention to address crisis
that the party is preparing to back a key intervention designed to curb the winter crisis, in addition to the removal of VAT on energy bills that it has already supported.
Brown’s call for immediate action was backed by the shadow climate change secretary, Ed Miliband. “Families across the country face a catastrophic rise in energy bills,” he said. “Meanwhile, the Tories are missing in action and the two leadership candidates have nothing to say on the cost of living.scrapping the Tories’ tax break for oil and gas producers,The energy profits levy also offers 91p of tax savings for every £1 of investment made by companies.
A separate report carried out by Prof Donald Hirsch at Loughborough University found that existing government support for low-income households fails to cover the shortfalls they now face. Some families will be up to £1,600 worse off a year, the study found.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Australia’s Grace Brown and Rohan Dennis complete Commonwealth cycling clean sweepThe Australian pair blew away the competition to each claim gold medals in the cycling time trials while para star Madison de Rozario won her second event of the Games
Read more »
Worker killed after scaffolding collapses at Sydney high schoolBREAKING: A man has died at Fort Street High School in Sydney's Inner West after being crushed by a scaffolding collapse. The victim has yet to be formally identified, and Fire and Rescue NSW are expecting the recovery to be complicated. MORE: 9News
Read more »
Researchers attach body cameras to children to study New Zealand povertyImages from world-first project show ‘shameful’ differences between conditions faced by children in most- and least-advantaged households
Read more »
Should I be content with my engagement? Suddenly I’m nervous … | Leading questionsMaking a big choice means declining an alternative future, writes advice columnist Eleanor Gordon-Smith. Is it the loss of possibility that’s troubling you?
Read more »
Should I be content with my engagement? Suddenly I’m nervous … | Leading questionsMaking a big choice means declining an alternative future, writes advice columnist Eleanor Gordon-Smith. Is it the loss of possibility that’s troubling you?
Read more »
Australia’s Grace Brown and Rohan Dennis complete Commonwealth cycling clean sweepThe Australian pair blew away the competition to each claim gold medals in the cycling time trials while para star Madison de Rozario won her second event of the Games
Read more »