1-20 of 140 results for subject:Prices
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On the issue of what people think, does my hon. Friend agree that the vast majority of people across the UK are keen to see us move towards net zero? What they are not keen to do is to pursue a net zero eco-fanaticism that means we must have it...
On the issue of what people think, does my hon. Friend agree that the vast majority of people across the UK are keen to see us move towards net zero? What they are not keen to do is to pursue a net zero eco-fanaticism that means we must have it...
My hon. Friend mentioned fuel duty. Does she agree that the Government could make a contribution—even a temporary one—by announcing a cut in fuel duty rather than just freezing it? That would be a significant step, particularly as we come through the summer months and subsequently into winter.
My hon. Friend mentioned fuel duty. Does she agree that the Government could make a contribution—even a temporary one—by announcing a cut in fuel duty rather than just freezing it? That would be a significant step, particularly as we come through the summer months and subsequently into winter.
That this House notes the recent rise in global oil prices and the impact this is already having on the cost of living across the United Kingdom; recognises that motorists are facing higher costs at the pumps as a result; further notes that in Northern Ireland a significant proportion of households rely on domestic heating oil to heat their homes, leaving many families particularly exposed to sudden increases in oil prices; expresses concern that rising energy costs will place further pressure on household finances at a time when many families are already struggling with the cost of living; also notes with concern reports that some energy companies may be benefiting from excessive profits as prices rise before higher wholesale costs have fully fed through; and calls on the Government to ease this burden by cutting fuel duty for motorists and removing VAT from domestic heating oil, and to fund such relief by introducing a levy on excessive profits made by companies benefiting from rising oil prices, ensuring that households and motorists are protected from unfair price increases.
That this House notes the recent rise in global oil prices and the impact this is already having on the cost of living across the United Kingdom; recognises that motorists are facing higher costs at the pumps as a result; further notes that in Northern Ireland a significant proportion of...
To ask the Secretary of State for Energy Security and Net Zero, what assessment he has made of the implications for his policies of the recent announcement by the International Energy Agency that the UK's domestic energy costs are significantly higher than those of comparable nations.
To ask the Secretary of State for Energy Security and Net Zero, what assessment he has made of the implications for his policies of the recent announcement by the International Energy Agency that the UK's domestic energy costs are significantly higher than those of comparable nations.
High UK energy costs have been driven by our dependence on global fossil fuel markets. The Government’s clean energy mission is the best way to break this dependence and protect billpayers permanently. The Government also acted at Budget to take an average £150 of costs off domestic bills in Great Britain from April, and it continues to work with the NI Executive on measures to bring down energy costs for households in Northern Ireland.
I congratulate the hon. Member on the timeliness of her debate. Does she agree that we need more research on the health costs endured by society and the NHS due to this problem? That has to be offset against the tax revenues that accrue from alcohol overconsumption. Those things have...
I congratulate the hon. Member on the timeliness of her debate. Does she agree that we need more research on the health costs endured by society and the NHS due to this problem? That has to be offset against the tax revenues that accrue from alcohol overconsumption. Those things have...
My hon. Friend is talking about an educational approach and trying to advise rather than force people; does he agree that the younger we start doing that, the better? Although they are not exclusively the target audience, we need to focus on teenagers and those in their early 20s, because...
My hon. Friend is talking about an educational approach and trying to advise rather than force people; does he agree that the younger we start doing that, the better? Although they are not exclusively the target audience, we need to focus on teenagers and those in their early 20s, because...
My hon. Friend talked about Phoenix, and the other company is Firmus Energy. Consumers want to see more competitive pricing. In Northern Ireland, there is some degree of competitive pricing, but because the two companies operate in separate parts of Northern Ireland, they do not compete directly with each other....
My hon. Friend talked about Phoenix, and the other company is Firmus Energy. Consumers want to see more competitive pricing. In Northern Ireland, there is some degree of competitive pricing, but because the two companies operate in separate parts of Northern Ireland, they do not compete directly with each other....
That this House calls on the Government to commit to the pump watch petrol price comparison platform, as recommended by the Competition and Markets Authority.
That this House calls on the Government to commit to the pump watch petrol price comparison platform, as recommended by the Competition and Markets Authority.
In the positive tone my hon. Friend is adopting, and maybe in a light-hearted sense, would he agree that a man yesterday showed considerable backbone, of real steel: Michael O’Neill, the Northern Ireland manager, who picked a team of under-21s and thrashed Bulgaria 5-0? That is a real backbone of...
In the positive tone my hon. Friend is adopting, and maybe in a light-hearted sense, would he agree that a man yesterday showed considerable backbone, of real steel: Michael O’Neill, the Northern Ireland manager, who picked a team of under-21s and thrashed Bulgaria 5-0? That is a real backbone of...
What recent discussions he has had with oil and gas companies on projected price changes in the next six months.
What recent discussions he has had with oil and gas companies on projected price changes in the next six months.
Energy policy in Northern Ireland is devolved. However, Ministers meet regularly with energy suppliers and we expect them to do everything they can to support their consumers, especially the most vulnerable.
To ask the Secretary of State for Business and Trade, pursuant to the Answer of 15 November 2023 to Question 1306 on Energy: Prices, if she will make an (a) estimate of when the Supercharger proposals will be fully implemented and (b) an assessment of the potential impact of their...
To ask the Secretary of State for Business and Trade, pursuant to the Answer of 15 November 2023 to Question 1306 on Energy: Prices, if she will make an (a) estimate of when the Supercharger proposals will be fully implemented and (b) an assessment of the potential impact of their...
The government committed to implementing the Supercharger measures between April 2024 and April 2025. The 4 statutory instruments that enact the Supercharger came into force on 1 April and the first measure has been implemented. The second measure will be implemented from 1 October and the final measure will be implemented from April 2025.
Taken together, the government estimates that Government support on electricity prices for Energy Intensive Industries (EIIs) in the form of the British Industry Supercharger could be worth (on average) around £24-£31 Per MegaWatt Hour (MWh) for eligible businesses, closing the competitive gap with their international competitors.
That this House notes that a number of mobile phone operators have announced their annual tariff increase, which in April 2024 will be 8.8%; further notes that in recent years there has been an inflation plus 3.9% increase and in an environment where inflation is reducing, there is little or no justification for the 3.9% additional charge; and calls upon Ofcom to review the need for this extra charge when millions of individuals haven't availed of the reduced Social Tariff and are facing further increases in the use of a product that tens of million of people rely on.
That this House notes that a number of mobile phone operators have announced their annual tariff increase, which in April 2024 will be 8.8%; further notes that in recent years there has been an inflation plus 3.9% increase and in an environment where inflation is reducing, there is little or...
To ask the Secretary of State for Business and Trade, if she will publish a response to the Competition and Markets Authority’s research entitled Summary of consumer research and unit pricing analysis, published on 30 January 2024.
To ask the Secretary of State for Business and Trade, if she will publish a response to the Competition and Markets Authority’s research entitled Summary of consumer research and unit pricing analysis, published on 30 January 2024.
The Government published its response to each of the recommendations made by the Competition and Markets Authority on 24 January 2024, in the Government’s response to its consultation entitled ‘Smarter Regulation: improving price transparency and product information for consumers’. The response sets out the Government’s intention to reform pricing legislation to make pricing information clearer and more useful to consumers. The Government will continue to have due regard to the Competition and Markets Authority’s publications whilst reforming pricing legislation.
To ask the Secretary of State for Energy Security and Net Zero, when she next plans to hold discussions with Ofgem on estimated trends in the level of energy costs in the next 12 months.
To ask the Secretary of State for Energy Security and Net Zero, when she next plans to hold discussions with Ofgem on estimated trends in the level of energy costs in the next 12 months.
Ministers and officials regularly meet with Ofgem to discuss a range of issues including trends and forecasts for the energy market. Ofgem monitor the energy market including the traded prices for Forward Delivery Contracts for periods many months in advance. Market information that is publicly available is published by Ofgem on their website:
https://www.ofgem.gov.uk/energy-data-and-research/data-portal
To ask the Secretary of State for Energy Security and Net Zero, when she plans to bring forward legislative proposals to require fuel retailers to publish price information.
To ask the Secretary of State for Energy Security and Net Zero, when she plans to bring forward legislative proposals to require fuel retailers to publish price information.
The Government will launch a consultation on the requirement for fuel retailers to provide up to date retail fuel price information shortly.
Part 3 of the Data Protection and Digital Information Bill will extend the Government’s ability to establish and mandate participation in smart data schemes via regulations.
Following conclusion of the consultation process and Royal Assent of the Bill, the Government will lay regulations using the smart data powers to set up the statutory open data scheme for road fuel prices.
To ask the Secretary of State for Business and Trade, what estimate she has made of the effect of the British Industry Supercharger on industrial electricity prices compared to other countries.
To ask the Secretary of State for Business and Trade, what estimate she has made of the effect of the British Industry Supercharger on industrial electricity prices compared to other countries.
The Supercharger will introduce targeted measures to ensure the energy costs for key UK industries are in line with other major economies around the world – levelling the playing field for British companies across Europe.
Analysis shows that the Supercharger proposals, when fully implemented, will reduce average electricity prices for UK Energy Intensive Industries by £24 to £31/MWh, having a direct impact on their competitiveness and reducing global carbon emissions.
The hon. Lady alluded to the moving and emotional scenes of Kevin Sinfield carrying his friend over the finishing line. Does she agree that that eloquent video spoke more to the heart of the nation than any moves by any Government could ever do, unless they put money where their...
The hon. Lady alluded to the moving and emotional scenes of Kevin Sinfield carrying his friend over the finishing line. Does she agree that that eloquent video spoke more to the heart of the nation than any moves by any Government could ever do, unless they put money where their...
The Secretary of State will be aware of the additional tax revenues that have come to the Treasury in recent months. Will he have discussions with the Chancellor to ensure that small businesses in particular, which face very high energy costs, remain as competitive as possible in the current environment?
The Secretary of State will be aware of the additional tax revenues that have come to the Treasury in recent months. Will he have discussions with the Chancellor to ensure that small businesses in particular, which face very high energy costs, remain as competitive as possible in the current environment?
It is absolutely right that our businesses need to compete globally. Again, Putin is the reason for these high energy costs. We have stepped in to support families. The money has to come from somewhere; our answer has been the oil and gas companies, but of course we need to make sure that the balance is right with the taxpayer as well. The hon. Gentleman can be assured that we are working on it with the Chancellor all the time.
That this House is concerned by the growing energy costs that families of seriously ill children who rely on life-sustaining equipment at home are paying; welcomes the donation made by Kate Winslet to Carolynne Hunter, mother to Freya, 13, who has severe cerebral palsy and relies on receiving oxygen for chronic breathing problems, to fund her energy bill; further welcomes Together for Short Lives’ Cost of Living Support Fund, which will help ease the burden of families’ rising bills, so they can keep life-sustaining equipment running; recognises that families should not have to rely on the generosity of celebrities or charities to fund their energy bills; and calls on the Government to take additional, urgent action to ensure that families of seriously ill children who rely on life-sustaining equipment at home can afford the energy they need.
That this House is concerned by the growing energy costs that families of seriously ill children who rely on life-sustaining equipment at home are paying; welcomes the donation made by Kate Winslet to Carolynne Hunter, mother to Freya, 13, who has severe cerebral palsy and relies on receiving oxygen for...
To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will hold discussions with trade bodies representing oil companies on the extent of variances of forecourt prices for petrol and diesel.
To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will hold discussions with trade bodies representing oil companies on the extent of variances of forecourt prices for petrol and diesel.
Following the Government’s request for an urgent review of the fuel market, the Competition and Markets Authority published its road fuel report on 8 July. Its initial findings were that the UK retail fuel market appears to be competitive but areas for further investigation were identified. A market study to look at the growing gap between the oil price, and the wholesale price of petrol and diesel was launched which will make recommendations where there are no legitimate reasons for this. The Government will carefully consider, alongside relevant industry partners, any recommendations made in the study.