will bring the colder air in. all the details here. it s friday, 4th of february. our main story. millions of households are bracing themselves for what the bank of england is calling the biggest squeeze on living standards for more than 30 years. it s after the largest ever increase to the energy price cap was approved by the regulator ofgem meaning gas and electricity bills in england, scotland and wales will go up to nearly £2,000 a year. the government has announced measures to help cushion the blow but critics say they don t go far enough, as theo leggett reports. for hussain and halima master, who have three kids, rising energy bills means life is getting tougher. it s going up again, isn t it? yeah. to 250 that s crazy, that. hussain has a full time job, but they are struggling to make ends meet. we have looked into the local food bank. on the weekends, they have it open to the public where you pay a couple of pounds and fill your bags up. so we have had a look at that and
insulating them properly and doing other measures. that is where focus has been. we employ hundreds up and down the country to do those measures but we need to do more. these measures take time and we have been talking about these measures for a long time. do you feel comfortable with a statement from eon that eon is confident it will achieve the targets of surpassing £100 million in earnings this financial year, a year earlier than planned? financial year, a year earlier than lanned? ., , , planned? eon is fine, isn t it? the entire energy planned? eon is fine, isn t it? the entire energy retail planned? eon is fine, isn t it? the entire energy retail sector - planned? eon is fine, isn t it? the entire energy retail sector has - planned? eon is fine, isn t it? the i entire energy retail sector has been losing money for several years. eon is not. we have, we have lost over £1 billion over the past three years. £1 billion over the past three ears. ., . , £1 billion over the pas
we have not moved fast enough on renewable sources of power, on nuclear, and particularly something which was talked about in your report earlier, which is energy efficiency. we have the worst insulated homes in europe and what labour has is a plan to say, there are 18 million homes below epc band c, that is a decent standard of insulation. let s have a national mission to invest in instigating those homes, saving hundreds of pounds off bills for families up and down this country. that s the kind of long term plan we need. down this country. that s the kind of long-term plan we need. people i dare say this of long-term plan we need. people i dare say this morning of long-term plan we need. people i dare say this morning who of long-term plan we need. people i dare say this morning who are - dare say this morning who are worried about bills are not terribly interested in the politics of this. but i will ask you this question anyway. a member of the conservative party yesterday sto
bring bills down? what we are lookin: bring bills down? what we are looking at bring bills down? what we are looking at is bring bills down? what we are looking at is measuring - bring bills down? what we are looking at is measuring how i bring bills down? what we are - looking at is measuring how much heat is lost through these walls. the big savings are insulation like we looked at outside, airtightness is a draught proofing. basically wrapping the building in a layer of insulation. that is the big saving. the other things you can look at really are heating controls, to minimise the amount of time that the heating is on, only on when you need it. in certain things like minimising the time that it is on in different rooms, so it is warm in here unless warm in different parts of the building. find here unless warm in different parts of the building. of the building. and the upgrade to the smart metre of the building. and the upgrade to the smart metre isn t of the building. a