Ministers plan to change levies on bills, not cut them

Ministers plan to change the way the levies on energy bills work, rather than cutting them entirely. Reports from the BBC claim government insiders have said they want the Energy Companies Obligation (ECO) introduced earlier this year to be implemented over a longer period – four years instead of two. They also want the Warm […]

Chancellor ‘should focus on prices’ to keep Britain competitive

The Chancellor should focus on the cost of energy in his Autumn statement to safeguard the competitiveness of British businesses, according to CBI Director-General, John Cridland. In an open letter to George Osborne published today he said rising prices risked putting the UK at a disadvantage, particularly “following the implementation this year of the Carbon […]