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Labour is still searching for an energy fix for a new world

The chancellor is right to focus on pure affordability, but £100 handouts and delayed decisions won’t shield consumers from the next wave of price hikes Amid the myriad of small measures, virtually everything in John Healey’s budget came back to the cost of energy. The higher energy prices that have resulted from the Iran war have pushed up inflation, are eating into households’ incomes, are a drag on businesses…

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Labour is still searching for an energy fix for a new world
Image: The Guardian Business

Story summary

The chancellor is right to focus on pure affordability, but £100 handouts and delayed decisions won’t shield consumers from the next wave of price hikes Amid the myriad of small measures, virtually everything in John Healey’s budget came back to the cost of energy. The higher energy prices that have resulted from the Iran war have pushed up inflation, are eating into households’ incomes, are a drag on businesses…

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