UK Chancellor of the Exchequer Nazim Zahavi pointed out that “the UK is going through an economic emergency that could last one and a half to two years due to the energy price surge crisis” and explained that “the government can provide support for middle-income families, in addition to families with disabilities. Revenue to help it bear the brunt of soaring gas and electricity prices in the coming period, stressing that “the government is considering all options to help citizens.”
He said in a statement to The Daily Telegraph that “the government is currently working on options for the next prime minister, who will be announced on September 5 next year, including increasing the amount of social support provided to needy families and providing an assistance package in the form of loans to energy companies in order not to raise gas and electricity prices for consumers.
Zahavi explained that “there are some measures that the government is considering to help small companies, such as reducing taxes on profits and value added and green energy”, stressing that “withdrawal of support for these companies will have a long-term negative impact on the economy.”
And outgoing UK Prime Minister Boris Johnson announced yesterday that “the government will provide additional support to citizens next month to help them bear the brunt of massive increases in electricity and gas prices,” adding that “the government should not set an energy price ceiling for everyone citizens, and that the energy price crisis will continue in the coming months and continue into the winter, when the situation will be difficult.”
It is worth noting that the British government previously announced a £400 cash support for all citizens, as well as an additional £650 support for those on the lowest income to help pay their electricity and gas bills.
And British energy regulator Ofgem announced yesterday: “The energy price ceiling will be raised by 80% starting next October, driving up inflation amid an unprecedented cost-of-living crisis in the country as the Ceiling rises from £1,971 a year. for every family with an average income of up to £3,549 due to rising global gas prices as a result of the Russian-Ukrainian war.
Britain’s electricity prices have been affected by the energy crisis engulfing the entire European continent and have worsened in recent months as Russian gas flows have witnessed unrest over the aftermath of its years-long military operation in Ukraine. six months.
Source: El Nashra