Chancellor announces an emergency support package to help the poorest households pay spiralling energy bills, plus a windfall tax to help fund measures.
The move from fossil fuels to renewable energy and what it means for the world economies.
A £7bn downward revision in the deficit for the year to March 2022 is seen as helpful to the government in the context of a likely windfall tax on energy companies.
Economists from Deloitte examine how surging energy bills are affecting different sectors, while deflating concerns about recession due to built-up household savings from the pandemic.
The Chancellor acknowledges the pain of inflation and energy costs with new measures, but stops short of delaying the Health and Social Care Levy.
This month we have launched the second stage of our disciplinary framework consultation, issued an invite for a live webinar on insolvencies in the energy sector and provided articles on how firms can stay vigilant against fraudsters targeting COVID-19 business support schemes, as well as looking ahead to our highly anticipated anti-money laundering film, All Too Familiar.
January’s public sector finance surplus of £2.9bn puts further pressure on Chancellor Rishi Sunak to increase support to households facing huge rises in energy prices
December’s deficit of £16.8bn saw both a rise in tax revenues and in interest on inflation-linked debt as pressure grows on the Chancellor to address energy price hikes and rising prices in the shops.
Our chart this week is about domestic energy prices and the Ofgem energy price cap rises expected in April and October 2022.
Following the incredible hike in wholesale energy prices, “the economic benefits of generating on-site renewable energy have never been greater”, says chartered accountant Christopher Trigg.
There’s a perception in the marketplace that implementing carbon-reducing technology comes at a high cost, but it could be as simple as redistributing your current energy spend.