Day: October 7, 2018

    Brexit has had a massive bearing on UK energy bills and consumers face further price rises if the pound falls further, according to a BP-backed energy startup. Steven Day, a co-founder of Pure Planet, an app-based renewable energy supplier, warned that the UK’s departure from the EU was the biggest political issue facing the energy sector at the moment. The very short-term stuff is the fog of Brexit. That is causing a major problem in terms of what costs consumers will face in 2019. If the pound gets devalued further, energy prices will go up again. That is unequivocal, he said. The UK only imports a small amount of electricity, around 6% of supplies, but imports more than half its gas, meaning the country pays more for the fuel when sterling weakens. The pound has...

    The Queen has made a private donation to help survivors of the devastating earthquake and tsunami in Indonesia. It is believed about 200,000 people are in desperate need of help following the natural disaster. The death toll currently stands at 1,649, and a further 265 people still missing. Disasters Emergency Committee's fundraising appeal raised £6million in just one day as people rushed to help those affected by the tragedy. Today Buckingham Palace announced the Queen has made a private donation to the cause. Earlier this week she sent a message to the president of Indonesia Joko Widodo. It read: I was extremely sorry to hear about the terrible earthquake and tsunami in Sulawesi at the end of last week, particularly given these events happened so soon after t...

    Theresa May will make a daring pitch to disgruntled Labour voters in which she will urge them to consider supporting the Conservatives. The prime minister will set out a series of measures to build a country that works for everyone including securing the best Brexit deal. Writing in The Observer, Mrs May said: I believe that the principles which guide us - security for families and the country, freedom under the rule of law, and opportunity for everyone can unite our people and help build a better future for our country. In a move designed to capitalise on recent splits in the Labour party under the leadership of Jeremy Corbyn, Mrs May will say the Conservatives offer a positive and optimistic vision. Antisemitism has grown, the party's response to threats to our ...