{"id":6016,"date":"2022-03-09T14:21:04","date_gmt":"2022-03-09T14:21:04","guid":{"rendered":"https:\/\/tahrir2day.com\/news\/2022\/03\/09\/labour-overhaul-energy-plan-to-tackle-price-hikes\/"},"modified":"2022-03-09T14:21:04","modified_gmt":"2022-03-09T14:21:04","slug":"labour-overhaul-energy-plan-to-tackle-price-hikes","status":"publish","type":"post","link":"https:\/\/tahrir2day.com\/news\/2022\/03\/09\/labour-overhaul-energy-plan-to-tackle-price-hikes\/","title":{"rendered":"Labour: Overhaul energy plan to tackle price hikes"},"content":{"rendered":"<div >\n<p ><b >Labor called for an overhaul of plans to tackle energy bills, saying UK household bills should &#8220;never again [be] at the mercy of a dictator&#8221;.<\/b><\/p>\n<\/div>\n<div >\n<p >Sir Keir Starmer said the plans announced by No 10 ahead of Russia&#8217;s invasion of Ukraine were &#8220;a big gamble&#8221; in hopes prices would fall.<\/p>\n<\/div>\n<div >\n<p >But he said if oil and gas costs rise, &#8220;the bet seems &#8230; sure to fail.&#8221;<\/p>\n<\/div>\n<div >\n<p >Boris Johnson said the Government had proposed &#8220;unprecedented measures&#8221; to help families.<\/p>\n<\/div>\n<div >\n<p >And he pledged to present an &#8220;energy independence plan&#8221; to ensure Britain is prepared for long-term needs. <\/p>\n<\/div>\n<div >\n<div >\n<ul >\n<li>Sunak defends reaction as energy bills rise \u00a3693<\/li>\n<li>Prices are rising faster than they have in 30 years<\/li>\n<li>Could the world survive without Russian oil and gas?<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<div >\n<p >The cost of living crisis has hit households across the country as energy, fuel and food prices have risen sharply since the pandemic.<\/p>\n<\/div>\n<div >\n<p >Chancellor Rishi Sunak in February outlined plans to deal with the \u00a3693 average energy surge due in April, promising \u00a3350 in payments to households to help.<\/p>\n<\/div>\n<div >\n<p >But only \u00a3150, earmarked to support council tax bills, will arrive ahead of the increase and the other \u00a3200 &#8211; due to be paid in October &#8211; is a loan to be repaid in installments over five years. <\/p>\n<\/div>\n<div >\n<p >The invasion of Ukraine and subsequent sanctions against Russia have also caused wholesale prices to rise, prompting fears of further bill hikes.<\/p>\n<\/div>\n<div >\n<p >At the PM&#8217;s questions, Sir Keir accused Mr Johnson of not understanding &#8220;the mess he&#8217;s in&#8221; when it comes to the cost of living.<\/p>\n<\/div>\n<div >\n<p >He called for a turnaround on what he called the &#8220;forced&#8221; \u00a3200 loan from the Chancellor and reiterated Labor&#8217;s call for a windfall tax on oil and gas company profits to help needy households . <\/p>\n<\/div>\n<div >\n<p >&#8220;Before Russia invaded Ukraine, North Sea oil and gas companies were making record profits,&#8221; the Labor leader said. <\/p>\n<\/div>\n<div >\n<p >\u201cIn their own words, more money than they know how to do. <\/p>\n<\/div>\n<div >\n<p >\u201cSince then, international oil and gas prices have skyrocketed and so have their profits. <\/p>\n<\/div>\n<div >\n<p >&#8220;When will the Prime Minister admit he was so wrong, levy a windfall tax on those super wins and use the money to lower household energy bills?&#8221;<\/p>\n<\/div>\n<div >\n<p >Mr Johnson said Sir Keir was &#8220;absolutely insane&#8221; to propose a U-turn on the Chancellor&#8217;s support scheme, claiming any windfall tax would result in the firm just raising prices further. <\/p>\n<\/div>\n<div >\n<p >Instead, he said the government would &#8220;take a sober, responsible approach&#8221; and &#8220;completely end our reliance on hydrocarbons&#8221; &#8211; particularly those from Russia. <\/p>\n<\/div>\n<div >\n<p >The Prime Minister pledged to invest in nuclear power and renewable energy &#8212; Labor-backed measures &#8212; and while &#8220;dark days and difficult times will lie ahead&#8221; during the invasion of Ukraine, &#8220;we will emerge stronger&#8221;.<\/p>\n<\/div>\n<div >\n<p >And Sir Keir said that while there will be &#8220;costs here at home, we can withstand those costs and we must&#8230;never again be at the mercy of a dictator by ushering in a new era of energy policy&#8221;.<\/p>\n<\/div>\n<div >\n<p >After a week in which much of Parliament&#8217;s attention was understandably focused abroad, Sir Keir Starmer used PMQs to focus on challenges at home over the cost of living. <\/p>\n<\/div>\n<div >\n<p >At PMQs, he used his questions to suggest what Labor would do differently by talking about taxing oil and gas company profits.<\/p>\n<\/div>\n<div >\n<p >Boris Johnson sticks to government solution of giving rebates and loans to households;  his argument against higher taxation of companies: that this would lead to further price increases.<\/p>\n<\/div>\n<div >\n<p >Both men will be aware that many of the increases will be pouring into people&#8217;s pockets at the same time this month and next.<\/p>\n<\/div>\n<div >\n<p >It seems clear that more needs to be done to help people cope with rising costs. <\/p>\n<\/div>\n<div >\n<p >The question is &#8216;what?&#8217;<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Labor called for an overhaul of plans to tackle energy bills, saying UK household bills should &#8220;never again [be] at the mercy of a dictator&#8221;. Sir Keir Starmer said the plans announced by No 10 ahead of Russia&#8217;s invasion of Ukraine were &#8220;a big gamble&#8221; in hopes prices would fall. But he said if oil [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"footnotes":""},"categories":[50],"tags":[],"class_list":["post-6016","post","type-post","status-publish","format-standard","hentry","category-politics"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v18.1 (Yoast SEO v18.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Labour: Overhaul energy plan to tackle price hikes - Tahrir News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tahrir2day.com\/news\/2022\/03\/09\/labour-overhaul-energy-plan-to-tackle-price-hikes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Labour: Overhaul energy plan to tackle price hikes\" \/>\n<meta property=\"og:description\" content=\"Labor called for an overhaul of plans to tackle energy bills, saying UK household bills should &#8220;never again [be] at the mercy of a dictator&#8221;. 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