4min chapter

New Economics Podcast cover image

Tackling the energy crisis

New Economics Podcast

CHAPTER

Energy

27 energy companies have failed in the last five, six months. The failure of 27 energy companies has put 94 pounds on our bills. This week inflation has gone up by five point five% which is a 30 year high. But benefit payments are only being uprated by three%. So that is effectively a real term cut for people on the lowest incomes. And again, we know that they can't shoulder tat burden.

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