The prime minister told the station that government support would come, but confirmed: we have to do more.
“We need to make sure this doesn’t become a bandaid. In the long run, we need to continue helping the most vulnerable people who have no cushion. That’s what I’m determined to do.”
“And we’re looking at both home and business options for the next Prime Minister to make a decision on September 5th.
“So my message today is: ‘We’re giving this £37bn (US$43bn) to people and helping them for now. Next year we need to stay resilient.”
Zahawi also acknowledged that perhaps now is the time to be more careful about how we use energy.
“The reality is that we should all be looking at our energy consumption. Times are tough. There is war on our continent,” he said.
This week, Zahawi is meeting with generation bosses including Orsted, Newcleo and RWE to discuss what more the industry can do to ensure the market works effectively for consumers.
The Treasury Department said Mr Zahawi said businesses “need to do more to support their customers” rather than relying on behavior change or expecting the government alone to help people. He said he had made it “clear”.
The two companies acknowledge that the industry “needs to contribute to ensure that consumers are supported as energy prices rise,” the ministry said. Coming into the final days of his tenure, Mr Johnson said the government had a “very big package of support and support”.
Outgoing British Prime Minister Boris Johnson visits a hospital in London, southern England, on Friday. Photo: AFP
“There’s a pipeline of cash in the pipeline for the next few months and into the fall and winter,” he told the station during a trip to the South West London Center for Selective Orthopedic Surgery in Surrey.
“But that will clearly be increased by additional cash the government plans to announce in September.”
Johnson has been accused of running a “zombie government” in recent weeks, and a new pledge of support for the energy bill will be delayed until the new prime minister takes office next month.
Opposition politicians, industry regulators of Gem, and campaigners banded together on Friday to call for urgent government intervention.
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What led to Boris Johnson’s rise to power and downfall as British Prime Minister
The Institute for Fiscal Affairs (IFS) has suggested that whoever becomes the next prime minister will have no choice but to put together a “substantial aid package”.
He said it was difficult to assess the impact of Truss’ plans to cut environmental taxes.
“Reducing only the tax that is added to the bill is complicated as it relates to various schemes and subsidies and applies to households as well as businesses, but in the three months from October You save about £50 on average,” he said.
According to IFS, former prime minister and expected Prime Minister Rishi Sunak’s plan to reduce VAT on household energy bills will save a typical household £51 (US$60) between October and December. , will cost £1.4 billion (US$1.64 billion).
“After this winter, energy prices will remain very high next year, putting pressure on governments to provide more support in the coming months,” said Isaac Delestre, economist at IFS.
“Whoever becomes the next prime minister is likely to announce a substantial aid package soon after taking office.”
Conservative Party leader candidate Liz Truss in Norwich, England on Thursday.Photo: Reuters
A Truss spokesman said Friday that as prime minister, he will “ensure that people have the support they need to get through this difficult time.”
Snack told the broadcaster that protecting people from rising energy prices would be his “immediate priority” as prime minister.
Labor has vocally attacked the proposals put forward by both candidates for not meeting the needs of the public.
But party leader Keir Sturmer has not ruled out that his party’s own £30bn (US$35bn) plan to tackle the cost of living needs to be adjusted to a higher sum.
“What we have is a comprehensive plan that will completely cost you this winter and freeze those prices. It’s news that should be,” he said.
However, he added:
“That’s why we said, with our plans, that we need a medium- to long-term solution. We need to be more self-sufficient when it comes to energy.”
Ofgem chief executive Jonathan Brearley said early Friday that the issue is beyond what regulators can handle alone.
Appeared on BBC Radio 4 today Just minutes after the price cap announcement, he admitted the news would be “devastating” for many families.
“The truth is this is beyond the ability of regulators and industry to deal with,” he said.
