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Showing posts from February 4, 2022

Boris Johnson Is Under Fire After Four Key Aides Departed In A Mass Exodus Amid The Consequences From The Partygate Scandal

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Boris Johnson's leadership has been further strained by the resignation of four of his top advisers from Number 10 in the wake of the partygate controversy. Dan Rosenfield, the prime minister's chief of staff, and Martin Reynolds, Mr Johnson's principal private secretary, have both announced their departures from Number 10. Two more important advisors to the prime minister have resigned: press secretary Jack Doyle and policy director Munira Mirza. Following the furore over his comments this week regarding Jimmy Savile and Labour leader Sir Keir Starmer, Chancellor Rishi Sunak - generally seen as a possible successor to the prime minister - put pressure on Mr Johnson. Sunak on PM's Savile remark: 'I wouldn't have said it.' Mr Sunak attempted to put distance between himself and Mr Johnson during a Downing Street press conference, in which the PM accused Mr Starmer of "failing to pursue Jimmy Savile" while he was director of public prosecutions. "

As Ofgem Adjusts The Price Cap System, Rishi Sunak Warns Of More Price Spikes

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Households are facing the biggest financial squeeze in the UK's history, as the chancellor warned that energy costs could rise again in the autumn and Ofgem granted itself new powers. Energy prices are likely to jump £693 to a median £1,971 per year, putting pressure on families. However, the regulator Ofgem's announcement of a 54 percent increase may not be the only one to strike households this year. Rishi Sunak has cautioned Britons to expect substantially higher energy expenses in the autumn, as the £1,971 price cap is expected to grow much higher. To combat market volatility, Ofgem is revising the price cap on bills twice as frequently. Currently, the cap on how much energy suppliers can charge is only raised every six months, and dozens of energy suppliers have gone out of business in that time. The failures were triggered by a significant increase in the price that energy companies had to pay for the gas that they supplied to consumers. Because the price restriction set