Energy bills remain high despite today’s cap cut – the Tories’ cost of living crisis has been devastating, says Usdaw

News / Mon 1st Jul 2024 at 11:10am

ENERGY bills remain high despite today’s cap cut – the Tories’ cost of living crisis has been devastating, says Usdaw.

Retail trade union Usdaw looks forward to a Labour Government that will tackle high energy bills, after the Tories’ cost of living crisis severely impacted low-paid workers for three years. Inflation first went above the target rate in May 2021 and peaked in double figures for six months. RPI inflation since the last election stands at 31%, yet average incomes have risen by less than 25%.

Today the cap on unit prices of household energy dips by 7% but remains over 36% higher than at the last general election. The typical household, on a dual-fuel direct debit, will pay £1,568 in energy bills from today. Many could pay more depending on usage.

An Usdaw survey of 6,689 key workers in the retail, pharmaceutical, funeral care, warehouse and distribution sectors, conducted last month, found that:
· Nearly three-quarters feel worse off than they were at the last general election in 2019.
· 72% have struggled to pay energy bills, with a quarter of those struggling every month.
· 62% have taken out loans to pay everyday bills, and 45% of them are struggling to keep up with repayments.

Paddy Lillis – Usdaw general secretary says: “While household energy costs are slowly coming down, they’re still 36% higher than at the last election and most people have not had an equivalent pay rise in that period, meaning that inflation has devalued incomes. Many voters will be asking themselves at this election if they are better off than at the last election; the evidence is clear that they are not.

“Short-term government support with ongoing cost of living pressures was not enough and has now been discontinued. The Tories have failed to deliver lasting solutions for the low-paid, with only short-term sticking plasters, leaving them exposed in a three-year cost of living crisis.

“In stark contrast, Labour has a plan for a new publicly owned energy company, Great British Energy, that will invest in homegrown clean energy to boost energy independence and cut bills for good. Labour will also deliver the new deal for working people that Usdaw has long campaigned for, which will provide much-needed employment rights to end poverty pay and insecure work.

“Our members and all workers need Labour in government to deliver the change
they so desperately need. They have the opportunity to make that happen by voting Labour on Thursday 4 July.”

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5 Comments for Energy bills remain high despite today’s cap cut – the Tories’ cost of living crisis has been devastating, says Usdaw:

2024-07-01 11:39:25

The tories blame Putin's war on Ukraine in 2022. They ignore the fact that it started in 2014 so they had 7/8 years to prepare for a potential escalation. Had we (UK and allies) been stronger in 2014 would the 2022 invasion have happened. Obviously the other big issue was Covid. Now I don't blame the tories for that but we were woefully unprepared for such an event, the consequence being billions wasted. To their credit they did enable the scientists to produce the vaccines. Covid has had an impact on the economy and taxation. I would like to see the cost ringfenced so we can see how much of our taxes are paying off covid (bit like WW2 cost) and how much are being appiled to the normal economy. Perhaps too simplistic, I don't know but at least we would have a better idea of where our money goes

Fact or Fiction
2024-07-01 15:24:54

Labour has given the game away: it isn’t being honest about its plan to increase taxes, for the full article follow the link below: Having been an undecided and not advocating any political party, watched many debates and read many articles trying to decipher the best use of my vote, here is an extract from The Telegraph… You may not have heard of Nick Thomas-Symonds. But if Labour wins the election on Thursday, he will become an important figure in Sir Keir Starmer’s new government. And last week, he let the cat out of the bag. He told us, quite clearly, that Labour is planning to adopt completely different plans to tax and spend than those the party has told the country. https://www.msn.com/en-us/money/personalfinance/labour-has-given-the-game-away-it-isn-t-being-honest-about-its-plan-to-increase-taxes/ar-BB1paaUt?ocid=BingNewsSerp

2024-07-02 08:54:30

For ages the Sunak and co have been saying that Labour doesnt have any plans. Now the Telegraph, a tory supporter says they do have plans. Confusing?

Guy Flegman
2024-07-02 15:39:47

Why do I feel that when I vote this year I only have the choice of a slap in the face or a kick up the backside

Fact or Fiction
2024-07-02 18:29:45

Voteforme-seems there is a public plan and a private plan for Labour, not really confusing...tell the voter one thing and do something else when in, it seems.

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