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.... Eight further projects already under construction will add more than half that capacity again. But ministers have made it clear that the industry must keep cutting costs if the technology, the only large renewable energy source backed by the Conservatives, is to continue earning taxpayer support. ... [Read full article on Guardian ]
Wednesday 17th of May 2017 05:30:46 AM
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....People worth more than £100,000 would have to pay for their care - but could defer payment until after their death. Labour leader Jeremy Corbyn accused the Conservatives of proposing a "tax on dementia". ... [Read full article on BBC ]
Wednesday 17th of May 2017 09:26:25 PM
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....Labour said all the pledges were costed, with other fundraising measures including corporation tax rises, a crackdown on tax avoidance and an "excessive pay levy" on salaries above £330,000. But the Conservatives said working families would "pay the price" for what they said were a series of unfunded spending commitments. ... [Read full article on BBC ]
Tuesday 16th of May 2017 12:17:49 PM
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. The Conservatives have rekindled a previous attempt by Theresa May to dismantle the Serious Fraud Office (SFO), the party's manifesto reveals. ... [Read full article on BBC ]
Thursday 18th of May 2017 12:24:06 PM
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...."Big six" energy company SSE has said that there are "challenges" ahead including the threat of a price cap in the next Parliament. It has warned about the "unintended consequences" of a price cap on standard variable tariffs proposed by the Conservatives. ... [Read full article on BBC ]
Wednesday 17th of May 2017 08:17:10 AM
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....German industrialists have warned that British hopes of their support in Brexit negotiations are misplaced and could backfire with dangerous consequences for international trade. Business leaders in Europe’s biggest economy are instead calling on Conservatives to rethink their commitment to leaving the single market, even though the party has doubled down on this promise in its election manifesto. ... [Read full article on Guardian ]
Friday 19th of May 2017 11:09:20 AM
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.... But over the weekend, Merkel’s CDU defeated its rival SPD in regional elections, suggesting Merkel has little to worry about in September’s poll. As for the UK election, Theresa May’s Conservatives appear so far ahead that a shock result looks unlikely and investors are hoping a strong Tory majority will head off the threat of a chaotic Brexit. ... [Read full article on Guardian ]
Tuesday 16th of May 2017 12:11:37 PM
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....The general election campaign has exposed that hope as a fantasy. Brexit is accepted as a political given by both the Conservatives and Labour. ... [Read full article on Guardian ]
Sunday 21st of May 2017 09:58:53 AM
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.... The share price of British Gas owner Centrica was up by 2% and SSE was up 1% on Thursday after the Tory manifesto included only a woolly promise to protect “more customers on the poorest-value tariffs”, compared with the 17m households the party had pledged before. The Conservatives also said they would remove the need for planning permission for companies undertaking exploratory shale drilling, and create a new shale regulator to speed up development. ... [Read full article on Guardian ]
Thursday 18th of May 2017 05:00:40 PM
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.... It has also said that an investigation by its lawyers and auditors found no evidence that any director “was aware of the alleged misconduct”. Electoral Commission records show that the Conservatives raised more than £4. ... [Read full article on Guardian ]
Thursday 18th of May 2017 02:12:09 PM
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.... Labour, the Greens and many environmentalists want to ban it. The Conservatives have now signalled they plan to press ahead, but with this new twist – that some of the revenue will be socialised for public benefit. ... [Read full article on Guardian ]
Monday 22nd of May 2017 08:00:18 AM
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....People in serious debt can expect more legal protection from bailiffs, charges and interest after pledges in the major parties' manifestos. The Conservatives and Labour have vowed to extend a "breathing space" scheme used in Scotland to allow people time to organise repayments. ... [Read full article on BBC ]
Monday 22nd of May 2017 11:24:11 PM
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.... That gamble is necessary because Labour’s tax increases only cover day-to-day spending and not investment in public infrastructure of £25bn a year. Labour believes that the failure of the Conservatives to get the budget deficit down despite year after year of austerity has made it possible to make the case for a different approach under which McDonnell would take advantage of low interest rates to borrow to invest. ... [Read full article on Guardian ]
Tuesday 16th of May 2017 12:47:25 PM
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....Labour has outlined plans to bring the rail, water and energy supply industries back into public ownership. Royal Mail will also be nationalised as part of a manifesto pledge to reverse some of the high-profile privatisations pushed through by the Conservatives in the 1980s and 90s, and by the more recent coalition government. ... [Read full article on Guardian ]
Saturday 20th of May 2017 03:00:28 PM
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. The Conservatives have taken great pleasure in depicting Labour’s manifesto as a throwback to the 1970s. ... [Read full article on Guardian ]
Thursday 18th of May 2017 01:15:48 PM
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....Many reports have suggested that when presented with individual Labour policies – in what one might call a “blind tasting” – respondents have been much more enthusiastic than when the names of Corbyn and some of his colleagues come up. One peculiarity of this campaign is that policies such as caps on the charges made by energy suppliers were derided by the Conservatives when propagated by Corbyn’s predecessor, Ed Miliband, but have now been brazenly filched by Theresa May. ... [Read full article on Guardian ]
Sunday 21st of May 2017 06:00:47 AM
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.... Greater inequality will result unless action is taken to prevent the concentration of wealth. The battle between Labour and Conservatives to be seen as the workers’ friend suggests that both parties understand that labour’s share of national income cannot go on falling. ... [Read full article on Guardian ]
Wednesday 17th of May 2017 06:48:00 PM
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....5 per cent. But the Conservatives have confirmed the 2. ... [Read full article on Daily Express ]
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Latest Finance News related to Conservatives

Debt fears remain despite manifesto 'breathing space' plans image
Source : BBC [Read Article] Monday 22nd of May 2017 11:24:11 PM
....People in serious debt can expect more legal protection from bailiffs, charges and interest after pledges in the major parties' manifestos. The Conservatives and Labour have vowed to extend a "breathing space" scheme used in Scotland to allow people time to organise repayments. ...
Could citizens’ wealth funds halt the dominance of the financial elite? image
.... Labour, the Greens and many environmentalists want to ban it. The Conservatives have now signalled they plan to press ahead, but with this new twist – that some of the revenue will be socialised for public benefit. ...
From tax to Brexit, the Tories will do anything to stay in power image
Source : Guardian [Read Article] Sunday 21st of May 2017 06:00:47 AM
....Many reports have suggested that when presented with individual Labour policies – in what one might call a “blind tasting” – respondents have been much more enthusiastic than when the names of Corbyn and some of his colleagues come up. One peculiarity of this campaign is that policies such as caps on the charges made by energy suppliers were derided by the Conservatives when propagated by Corbyn’s predecessor, Ed Miliband, but have now been brazenly filched by Theresa May. ...
How workable – and how expensive – might Labour’s renationalisations be? image
....Labour has outlined plans to bring the rail, water and energy supply industries back into public ownership. Royal Mail will also be nationalised as part of a manifesto pledge to reverse some of the high-profile privatisations pushed through by the Conservatives in the 1980s and 90s, and by the more recent coalition government. ...
Winter fuel allowance: What the Tory Manifesto pledge REALLY means for you image
Source : Daily Express [Read Article] Friday 19th of May 2017 02:29:00 PM
....However, the payment has long been criticised for paying out to everyone over the age of 64 regardless of whether they need it. In the manifesto the Conservatives say the payment is given "regardless of need, giving money to wealthier pensioners when working people on lower incomes do not get similar support". ...
German business leaders urge Tories to rethink plan to leave single market image
....German industrialists have warned that British hopes of their support in Brexit negotiations are misplaced and could backfire with dangerous consequences for international trade. Business leaders in Europe’s biggest economy are instead calling on Conservatives to rethink their commitment to leaving the single market, even though the party has doubled down on this promise in its election manifesto. ...
National Grid boss says Labour plan will stall green energy drive image
Source : Guardian [Read Article] Thursday 18th of May 2017 05:00:40 PM
.... The share price of British Gas owner Centrica was up by 2% and SSE was up 1% on Thursday after the Tory manifesto included only a woolly promise to protect “more customers on the poorest-value tariffs”, compared with the 17m households the party had pledged before. The Conservatives also said they would remove the need for planning permission for companies undertaking exploratory shale drilling, and create a new shale regulator to speed up development. ...
Tories receive £50,000 from man questioned by Serious Fraud Office image
Source : Guardian [Read Article] Thursday 18th of May 2017 02:12:09 PM
.... It has also said that an investigation by its lawyers and auditors found no evidence that any director “was aware of the alleged misconduct”. Electoral Commission records show that the Conservatives raised more than £4. ...
Serious Fraud Office under threat from Tory plans image
Source : BBC [Read Article] Thursday 18th of May 2017 12:24:06 PM
. The Conservatives have rekindled a previous attempt by Theresa May to dismantle the Serious Fraud Office (SFO), the party's manifesto reveals. ...
The Guardian view on the economy: it’s bad | Editorial image
Source : Guardian [Read Article] Wednesday 17th of May 2017 06:48:00 PM
.... Greater inequality will result unless action is taken to prevent the concentration of wealth. The battle between Labour and Conservatives to be seen as the workers’ friend suggests that both parties understand that labour’s share of national income cannot go on falling. ...
SSE warns of 'consequences' of price cap image
Source : BBC [Read Article] Wednesday 17th of May 2017 08:17:10 AM
...."Big six" energy company SSE has said that there are "challenges" ahead including the threat of a price cap in the next Parliament. It has warned about the "unintended consequences" of a price cap on standard variable tariffs proposed by the Conservatives. ...
Mersey feat: world's biggest wind turbines go online near Liverpool image
Source : Guardian [Read Article] Wednesday 17th of May 2017 05:30:46 AM
.... Eight further projects already under construction will add more than half that capacity again. But ministers have made it clear that the industry must keep cutting costs if the technology, the only large renewable energy source backed by the Conservatives, is to continue earning taxpayer support. ...
Labour gambles on tax and spend – but will the public back it? | Larry Elliott image
.... That gamble is necessary because Labour’s tax increases only cover day-to-day spending and not investment in public infrastructure of £25bn a year. Labour believes that the failure of the Conservatives to get the budget deficit down despite year after year of austerity has made it possible to make the case for a different approach under which McDonnell would take advantage of low interest rates to borrow to invest. ...
Labour manifesto: Extra £48.6bn in tax revenue to fund pledges image
....Labour said all the pledges were costed, with other fundraising measures including corporation tax rises, a crackdown on tax avoidance and an "excessive pay levy" on salaries above £330,000. But the Conservatives said working families would "pay the price" for what they said were a series of unfunded spending commitments. ...
Global stock markets: what's driving the record rises – and will they continue? image
.... But over the weekend, Merkel’s CDU defeated its rival SPD in regional elections, suggesting Merkel has little to worry about in September’s poll. As for the UK election, Theresa May’s Conservatives appear so far ahead that a shock result looks unlikely and investors are hoping a strong Tory majority will head off the threat of a chaotic Brexit. ...
General election 2017: Lib Dems promise £100-a-week for entrepreneurs' living costs image
....Labour will also reveal its plans for business on Tuesday as it launches its general election manifesto. The start-up allowance scheme, costing £146m over five years, will be one of a number of announcements aimed at differentiating the Lib Dems from Labour and the Conservatives. ...
Labour reveals 'fat cat' tax pledge aimed at reining in excessive pay image
....Money for a series of giveaways will come from reversing corporation tax and inheritance tax cuts and a proposal to hit City transactions with a “Robin Hood tax”. The moves deepen the bidding war between Corbyn’s party and the Conservatives over ways to hit the wealthy in order to woo working-class voters. ...
General election 2017: Workers' rights protections promised by Tories image
....50 an hour, would rise in line with average earnings until 2022. The Conservatives would also insist listed companies had representation for workers on their boards - whether on advisory panels, as a non-executive director or through a directly appointed worker representative - although firms would not be forced to have actual employees in the boardroom. ...
NHS cyber-attack: More ransomware cases 'likely on Monday' image
Source : BBC [Read Article] Sunday 14th of May 2017 06:41:08 PM
....9bn set aside for UK cyber-protection was being spent on NHS cyber systems to improve their security. But Labour say the Conservatives have cut funding to the NHS's IT budget and specifically a contract to protect computer systems was not renewed after 2015. ...
We wouldn’t need price caps if the Tories hadn’t cut energy-saving schemes image
.... Ed Miliband’s price freeze was for 18 months. The Conservatives’ stolen version will be time-limited, perhaps for a year or two, perhaps longer. ...
Five-minute guide to Tory's manifesto pledge on fuel image
Source : Daily Express [Read Article] Sunday 14th of May 2017 12:01:00 AM
....Households are furious at paying massive charges to profiteering utilities, with the combined bill now totalling more than £30 billion a year. The Conservatives claim the price cap could cut annual bills by up to £100 for about 18 million households, and will make it a key pledge in their election manifesto. ...
General election 2017: Tory housing plan 'paid from existing budget' image
. The Conservatives are promising a "new generation" of social housing will be built in England if they win the general election - and say it will be paid for out of existing budgets. ...
May to appeal to low-paid voters with new social housing pledge image
Source : Guardian [Read Article] Saturday 13th of May 2017 09:00:05 PM
.... However, it also puts Jeremy Corbyn’s party on a higher share of the vote than that secured by Ed Miliband in 2015. The Conservatives are on 47% of the vote, with Labour on 32% – higher than the 30. ...
Labour would scrap rises in pension age image
Source : BBC [Read Article] Thursday 11th of May 2017 02:59:31 PM
....The state pension age is already due to rise to 66 for both men and women from 2020, affecting people now in their early 60s and younger. The leaked manifesto says: "Labour rejects the Conservatives' proposal to increase the state pension age even further. ...
France's Engie aims to restore trust in energy firms with tracker tariff image
....A French power company has promised to restore trust in the energy market with a new tracker tariff linked to wholesale prices, days after big suppliers were found to be making record profit margins from their customers. Engie, which describes itself as the biggest new entrant to the UK domestic energy market in 15 years, said it was the right time for the company to launch in Britain, despite both the Conservatives and Labour planning price caps on energy bills. ...
National minimum wage increases could cost jobs, IFS warns image
Source : BBC [Read Article] Wednesday 10th of May 2017 11:30:22 PM
.... . The IFS calculates that both Labour and Conservatives are planning for a "dramatic" increase in the number of workers affected by the minimum wage. ...
Dramatic minimum wage rises will put low-paid jobs at risk, says IFS image
Source : Guardian [Read Article] Wednesday 10th of May 2017 05:47:26 PM
. Dramatic increases in the minimum wage planned by Labour and the Conservatives after the general election will put the jobs of low income workers in danger, a leading tax and spending thinktank has warned. ...
Thousands face energy bill hikes of more than £400 this month image
Source : Guardian [Read Article] Wednesday 10th of May 2017 09:01:16 AM
....The smallest increase is the £79 extra that people on another Scottish Power fixed tariff will pay when moved on to the company’s standard variable tariff. About two-thirds of people – 17 million – are on standard variable tariffs, which the Conservatives promised to cap, although they have been unable to promise bills will not still rise. ...
Tory MPs plot to water down Theresa May's energy price cap pledge image
Source : Guardian [Read Article] Tuesday 9th of May 2017 05:00:53 PM
....The MPs are not breaking cover with direct criticism during the election campaign, but some are openly pushing for a more “relative” cap – which would link standard tariffs to the cheapest deals by capping the differential between the highest and lowest price an energy company can charge. John Penrose, MP for Weston-super-Mare and a former minister, said the Conservatives would stop rip-off energy prices but argued a relative cap was the way forward rather than a fixed upper limit. ...
What impact could the UK general election have on the pound? image
Source : Daily Express [Read Article] Tuesday 9th of May 2017 01:58:00 PM
.... Her change of heart might have been unexpected, but it was viewed as having a potentially positive impact on the UK’s Brexit negotiations. As it stands, the Conservatives are expected to win by a landslide in June. ...
The Conservatives' energy price cap is not a strong and stable long-term policy image
....So the real question is not whether people are being ripped off, but what is the best solution?. The Conservatives favour an absolute cap on standard variable tariffs, reset every six months by Ofgem. ...
Tory energy pledge: May says she still believes in free market despite vow image
....Theresa May has said she still believes in free markets despite pledging to cap energy prices, after it was pointed out her party had dismissed a similar plan put forward by Ed Miliband as “Marxist”. The Conservatives are proposing a price cap on standard variable tariffs, to be set by the energy regulator, Ofgem. ...
Energy shares still down on cap pledge image
Source : BBC [Read Article] Tuesday 9th of May 2017 07:38:39 AM
. Shares in Centrica and SSE are down by up to 2% at midday after a promise by the Conservatives of a price cap for energy bills if they win the Election. ...
Energy bills: £100 cap plan defended by Theresa May image
Source : BBC [Read Article] Monday 8th of May 2017 09:51:56 PM
....Labour said there was no guarantee the cap would stop energy prices going up. And the SNP described the proposal as an "election bribe" - while former Lib Dem energy secretary Sir Ed Davey said voters would be "astonished" the Conservatives were "copying" a policy proposed by former Labour leader Ed Miliband at the 2015 election. ...
Theresa May to promise price cap on energy bills in Tory manifesto image
....It came after five of the big six energy companies announced price increases for their standard tariffs – often the more expensive rates that 70% of people are on. The move is likely to draw fierce criticism from opposition parties after the Conservatives criticised Ed Miliband’s energy price freeze pledge in 2015 as evidence that he was living in a “Marxist universe”. ...
What's our cut? Energy firm lets customers see profit margins image
Source : Guardian [Read Article] Monday 8th of May 2017 07:52:55 AM
....Energy prices and the overcharging of millions of customers have risen up the political agenda in recent months, driven by five of the big six companies raising prices. Ministers have promised “strong and muscular” action to rein in energy costs and the Conservatives have promised to cap standard tariffs, which could save millions of families £100 if they are re-elected in June. ...
General election 2017: Lib Dems pledge winter fuel cuts to protect pensions image
....5% - whichever is highest. Prime Minister Theresa May has declined opportunities to confirm the Conservatives would guarantee the triple lock in their manifesto for the 8 June general election. ...
Brexit will 'stall' City, says Goldman Sachs chief image
Source : Guardian [Read Article] Friday 5th of May 2017 07:01:26 AM
....If not enough time were factored in, banks such as Goldman would have to act “prematurely” and possibly move some of their operations and jobs. A Conservative party spokesman said: “The City is the world’s leading financial centre and only Theresa May and the Conservatives have a plan to make sure it stays that way. ...
UK needs £15bn in cuts or tax rises to clear deficit by 2022, says IFS image
....His analysis found that in addition to plans already set out, the next government would have to find more savings and more revenues if it wanted to eliminate the deficit before a May 2022 general election. The Conservatives have repeatedly vowed to cut the deficit, which is the gap between what the government receives in tax and other revenues and what it spends on public services, benefits and other areas. ...
What does the UK election on June 8 mean for your finances if you live overseas? image
....As has already been seen many times previously, elections have a profound impact upon exchange rates and the influence of politics on the value of the pound is only going to increase. The expectation currently is that the Conservatives will win an even stronger majority, increasing their influence in Parliament and allowing Brexit to proceed more smoothly due to the diminished powers of the opposition. ...
General election 2017: Tax lock is bad policy, says IFS image
Source : BBC [Read Article] Monday 1st of May 2017 12:20:26 PM
....Mrs May said she would not be making "specific proposals" on taxes unless she was "absolutely sure" they could be delivered. She later said the Conservatives "won't be increasing VAT". ...
Switching our phone and broadband provider turned into a nightmare image
....SSE apologised for the delays and has promised a goodwill gesture for the inconvenience and extra costs. The Conservatives have pledged to make telecoms firms pay for every day that a consumer’s service is lost – something that is long overdue. ...
Labour pledges 'tougher' standards for rented houses image
Source : BBC [Read Article] Monday 1st of May 2017 05:41:38 AM
....The proposals include requirements for safe wiring and appliances, freedom from damp and general good repair. But the Conservatives said the plan could increase people's rent. ...
General election: May paves way for end to pledges on NI and income tax image
....However, she insisted that overall her party would reduce the taxes on working families, with possible plans to further raise the personal allowance threshold, the level at which income tax kicks in. The Conservatives are also considering tax breaks to help people fund care for elderly relatives. ...
General election 2017: May says Tories would not raise VAT image
Source : BBC [Read Article] Sunday 30th of April 2017 09:26:03 AM
.... . Now the prime minister has suggested she's prepared to revise the previous Tory manifesto commitment, though she insists the Conservatives are the party of lower taxation and she wants to reduce taxes for "working families". ...
Triple-lock: Call for pensions policy to be revamped image
Source : BBC [Read Article] Sunday 30th of April 2017 02:11:29 AM
....A recent review by former CBI director-general John Cridland, who was appointed as the government's independent reviewer of state pension age last year, recommended that the triple lock be withdrawn in the next Parliament. The Conservatives have not committed to maintaining it. ...
Labour party pledges to outlaw all zero-hours contracts image
Source : Guardian [Read Article] Saturday 29th of April 2017 09:01:09 PM
....”. Unison’s general secretary Dave Prentis said: “Ending the 1% pay cap would make such a huge difference to the lives of thousands of nurses, teaching assistants, town hall staff and other public service employees whose living standards have plummeted under the Conservatives. ...
Donald Trump 100 days: Is the president making it CHEAPER to buy US property? image
Source : Daily Express [Read Article] Friday 28th of April 2017 12:09:00 PM
.... . As this has the potential to improve her hand in Brexit negotiations, the pound may be driven to new highs against the US dollar in the event of an impressive win for the Conservatives. ...
Energy bill caps put billions in investment at risk, say suppliers image
Source : Guardian [Read Article] Friday 28th of April 2017 06:01:33 AM
....Theresa May’s plan to cap gas and electricity bills could put billions of investment in the UK at risk by creating huge uncertainty over government intentions, according to the body representing the big six energy suppliers. In one of the strongest warnings yet about the impact of the cap on standard variable tariffs pledged by the Conservatives, Energy UK protested against “ill-considered” political intervention. ...
Poor working families face big losses from benefit cuts, says IFS image
Source : Guardian [Read Article] Thursday 27th of April 2017 04:57:27 PM
....The scheduled cuts for lower-income families come alongside tax breaks worth £5bn a year that predominantly benefit middle- and higher-income households. The shadow chancellor, John McDonnell, said the IFS analysis showed the Conservatives posed a “clear threat” to working people’s living standards, while the Liberal Democrats claimed the “savage cuts” would leave millions of households worse off. ...
Pensions triple lock: what you need to know image
Source : Guardian [Read Article] Thursday 27th of April 2017 01:39:07 PM
....5% lower each year on average than RPI. In the run-up to the 2015 election, the Conservatives pledged to continue the coalition triple lock policy until 2020. ...
Theresa May weighing up cheaper 'double lock' for pensions image
Source : Guardian [Read Article] Wednesday 26th of April 2017 09:00:47 PM
....Labour would leap on the abandonment of the triple lock as a raid on pensioners’ finances. Andrew Gwynne, Labour’s campaigns chief, said on Wednesday: “At today’s prime minister’s questions, Theresa May talked about the triple lock like it’s a thing of the past and, under the Conservatives, it risks being consigned to history. ...
Tax raid postponed as ministers rush through finance bill image
Source : Guardian [Read Article] Tuesday 25th of April 2017 04:42:20 PM
.... However, for some with large portfolios it could be £1,000 or more. This measure could still in theory take effect in April 2018, assuming the Conservatives win the election, as the government would have plenty of time to reinstate it before that date. ...
Government lacks faith in free market, says energy boss image
Source : BBC [Read Article] Tuesday 25th of April 2017 07:07:41 AM
.... . Now that the Conservatives have a version of the same plan, Conn is simply voicing the suspicions of many top business people. ...
General Election 2017: Labour's 'day one' pledge to EU nationals image
....He also said migration rules had to change and that the EU single market should be kept "on the table". The Conservatives said only they had a clear plan for exiting the EU. ...
Energy price cap image
Source : BBC [Read Article] Monday 24th of April 2017 11:52:31 AM
Tory energy bill cap dents Centrica and SSE share prices image
Source : Guardian [Read Article] Monday 24th of April 2017 09:05:46 AM
.... That’s not because their prices are competitive, it’s because they’re bloated and inefficient – and their customers pay the price,” said Greg Jackson of Octopus Energy. Miliband joked on Sunday that the interventionist stance taken by the Conservatives would prompt criticism from newspapers that had attacked his pledge four years ago. ...
General Election 2017: Energy bill cap 'will hit consumers' image
Source : BBC [Read Article] Monday 24th of April 2017 07:29:03 AM
....When companies do not compete as much, that tends to lead to fewer benefits for customers, he said. He added that if the Conservatives did intervene, it would be better if they abolished standard variable tariffs. ...
Inflation puts the brakes on Britain's economic activity image
Source : Guardian [Read Article] Monday 24th of April 2017 06:00:04 AM
....6% this year, with inflation rising to 3% by the end of the year. Economists do not expect the general election to change the economic outlook for this year – assuming the Conservatives are re-elected with an increased majority. ...
Energy bills: what's the difference between Tory cap and Miliband freeze? image
.... Experts expect the other political parties to announce energy market plans too. The Conservatives argue their policy is not the same as Miliband’s because it is a cap not a freeze, but they both aim to tackle the problem. ...
Tory price promise image
Source : BBC [Read Article] Sunday 23rd of April 2017 01:59:35 PM
....And trade association body Energy UK said a cap could risk "billions in investment and jobs". Scottish Power said that if the Conservatives were going to intervene it would be better to abolish standard variable tariffs, which they said were the cause of the problem not just the symptom of current price pressure. ...
Tories accused of stealing Labour's energy price cap promise image
Source : Guardian [Read Article] Sunday 23rd of April 2017 11:26:37 AM
. Theresa May should give Labour a round of applause for highlighting the scandal of rip-off gas and electricity bills, the former shadow energy secretary Caroline Flint has said after senior Conservatives confirmed their manifesto will include an energy price cap. ...
General election 2017: Tories to pledge energy bill cap image
Source : BBC [Read Article] Sunday 23rd of April 2017 11:10:39 AM
.... . After the Conservatives suggested some sort of price caps, some aggregators such as uSwitch said that caps would do more harm than good because it would lead to even fewer people switching energy suppliers, because they may feel changing to be no longer necessary. ...
A hasty election before Britain sees the hard truth of Brexit image
Source : Guardian [Read Article] Sunday 23rd of April 2017 05:59:05 AM
....I suspect the locals are shocked that a walk in Snowdonia should be associated with an election whose manifesto, the Daily Mail tells us, will herald “Theresa’s Cast-Iron Brexit Pledge”. I did not get where I am today forecasting the results of elections, and have never forgotten my failure, along with the economist Roger Bootle, to take advantage of the odds of 6-1 against the Conservatives being offered by bookmakers at Ascot the day before the 1992 election. ...
Philip Hammond signals ditching of Tory 'no tax rise' pledge image
Source : Guardian [Read Article] Friday 21st of April 2017 12:58:04 PM
. Philip Hammond has given a strong hint that the Conservatives may ditch their pledge not to raise VAT, national insurance or income tax, saying the flagship 2015 policy had constrained his ability to manage the economy. ...
FTSE 100 suffers worst day since Brexit vote after May calls election image
Source : Guardian [Read Article] Tuesday 18th of April 2017 05:11:25 PM
....7bn off valuations. Confidence in the City about an easy victory for the Conservatives was behind much of sterling’s rise, with many speculating that a victory will give May a stronger mandate to plot a moderate line on Brexit and resist hardline anti-EU backbenchers. ...

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