Live Breaking News & Updates on Societyj alex halderman

in fossil fuel prices across the board, actually. not just gas and electricity but also petrol and diesel. we've had to feed that through to the calculation and into the price cap. now, what the price cap does is it makes sure we don't go back to the bad old days where companies charged unfair profits on top of the amount that you pay, but, clearly, when input costs change that limit needs to change. the autumn is when we stick on our heating and electricity so much more, but it's also a moment that furlough comes to an end and universal credit is being cut. debt charities say this increase could not have come at a worse time and it'll hit families who are struggling the most. we are faced with a bit - of a conundrum, which is going to end up being food versus fuel, i believe — how are the poorest of societyj going to be able to suck it up? you know, we're already on the breadline, - working on the closest balance| of finance in a long, long time.

Electricity , Companies , Price-cap , Fossil-fuel-prices , Board , Diesel , Petrol , Calculation , Autumn , Costs , Top , Profits