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UK at 'turning point' as energy bills, interest rates, inflation and taxes set to PLUNGE | Personal Finance | Finance

After two horrendous years when it felt like the cost-of-living crisis would roll on forever, there is finally a glimmer of light at the end of a long, dark tunnel. Things are about to get better.

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Energy bills should fall by £426 in five weeks - do this now to feel maximum benefit | Personal Finance | Finance

The average household will save £426 a year on their energy bill from July 1, when regulator Ofgem cuts its price cap to £2,074.

and with me to help us make our way through the news — the country's number cruncher, martin lewis — what will happen to the energy cap next week? and welcome to fatima ibrahahim — climate activist from the campaign group green new deal rising. and the champion of the north and former conservative cabinet ministerjake berry. morning, morning! saving the planet, saving our rivers from sewage, and how labour says it will save the nhs. a lot to talk about. but first, let's look at the headlines this morning. no surprise, tabloid is phillip schofield's except from the this

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or the government. the good news, jon and sally, is that the real cost of energy does look like it is going to come down over the course of the year. the bad news is that we are sort of in an artificial position at the moment being supported by those vouchers and the lower energy cap which comes to an end in april. although eventually prices will come down, in your house, they are going to go up before that happens. former employees of the welsh rugby union have told the bbc about a "toxic" culture of sexism at the organisation. two women who have left the wru said alleged bullying and sexism made them feel suicidal with one saying a male colleague said in front of other staff that he wanted to rape her. wyre davies reports. the six nations, the world's greatest rugby competition, is about to kick off. the men's game is well established, but all home unions, wales included,

it is incredibly confusing in terms of why. as bees have seen every day for the last three or four weeks, every day that are changing questions and coverages of the challenges of the nhs right now as it looks to treat sickness. what we cannot afford as a society is for the infrastructure that prevents sickness to also fall down as a result of the lack of support. we already projected as you said, last year, the scheme as it was the energy cap would ultimately lead to closures because of the offsetting. it did obviously avoid those exorbitant levels so we are starting something more bespoke, something that could support my member's

spending watchdog predicts the biggest drop in living standards since records began. here is caroline davies. prices are going up, the economy is shrinking and living standards are falling by the largest amount in 70 years. i falling by the largest amount in 70 ears. ., �* ~ , ., ., years. i don't think they are doing a ureat years. i don't think they are doing a great deal _ years. i don't think they are doing a great deal for _ years. i don't think they are doing a great deal for the _ years. i don't think they are doing a great deal for the general - years. i don't think they are doing l a great deal for the general people, the working man, to be quite honest. i mean, you know, it is keep the rich richer and the poor poorer. what is the answer from the government to have the country? in yesterday's autumn statement the chancellor announced some things will be going up. in april, the state pension means tested and disability benefits will all go up by 10.1%. disability benefits will all go up by 10.i%. the disability benefits will all go up by10.i%. the minimum disability benefits will all go up by 10.i%. the minimum wage for over 23 years old will also increase to £10.42 an hour. and the energy cap will be extended for another year, although it won't be as generous. people are weighing up what that means for them. i’m people are weighing up what that means for them.— people are weighing up what that means for them. i'm quite pleased, as ou means for them. i'm quite pleased, as you would _ means for them. i'm quite pleased,

the minimum wage for over 23 years old will also increase to £10.42 an hour. and the energy cap will be extended for another year, although it won't be as generous. people are weighing up what that means for them. i'm quite pleased, as you would be, wouldn't you, that the pension situation is going to be preserved. the minimum wage going up is good. but they always seem to give it to you in one way and take it off you in another. it's always the same. they increase taxes here, | they'll freeze taxes there, but it's never any real help for people. - there will also be more tax, the highest as a percentage of national income since the end of the second world war. tax bands will remain frozen until 2028, which means millions will pay more tax as their incomes rise over time. and from april, the level at which people will pay the top level of tax will be reduced. this is across the uk apart from scotland, who'll set their tax plans in december.

so, what's the government's answer to help country? in yesterday's autumn statement, the chancellor announced some things will be going up. in april, the state pension, means—tested and disability benefits will all go up by 10.1%. the minimum wage for over 23 years old will also increase to £10.42 an hour. and the energy cap will be extended for another year, although it won't be as generous. people are weighing up what that means for them. i'm quite pleased, as you would be, wouldn't you, that the pension situation is going to be preserved. the minimum wage going up is good. but they always seem to give it to you in one way and take it off you in another. it's always the same. they increase taxes here, | they'll freeze taxes there, but it's never any real help for people. - there will also be more tax, the highest as a percentage of national income since the end of the second world war. tax bands will remain frozen until 2028, which means millions will pay more tax as their incomes rise over time. and from april, the level at which people will pay the top level of tax will be reduced.