Cost of living crisis: four things the government could do to help

Policy levers ministers could be pulling as rocketing gas prices fuel spiralling inflation

The cost of living crisis hitting millions of households is about to get a whole lot worse.

Gas is the bedrock of power generation in the UK, supplying millions of homes directly and accounting for about 45% of electricity supply. It has rocketed in price, up 400% in the past year and 1,000% since 2019, according to the ICE futures market.

Continue reading…

Read full original article »