Cost of living crisis - Page 2

Britain’s Chancellor of the Exchequer is laying the groundwork for a series of tax hikes and service cuts in the name of fighting inflation.

The ongoing gas crisis has resulted in the German economy losing over $100 billion, a report from a major economics institute has claimed.

Despite the ongoing energy and cost of living crises facing Europe, UK Prime Minister Rishi Sunak has argued that the ongoing Ukraine War is an excuse to accelerate his green agenda, rather than to backtrack and put the funding for such efforts elsewhere.

‘Years’ of tax hikes are now on the cards as WEF-linked Prime Minister Rishi Sunak attempts to shore up the UK’s floundering finances.

Thousands of people rallied in Prague on Friday to protest the Czech government’s continued support of sanctions against Russia and call for an early election so that a new government can negotiate with Moscow before the winter energy crunch hits.

Any serious reduction in the use of gas by businesses in Germany will be down to companies downsizing or closing and not attempts to save energy, the head of one industry organisation said.

Officials from Ukraine are looking to get the EU taxpayers to bankroll them to the tune of $2 billion dollars every month.

Mayhem broke out at cost of living protests in Paris on Tuesday, with rioters clashing with police and smashing windows.

All school meals are to be meatless from now on in the German city of Freiburg, with authorities mandating vegetarian-only menus from 2023.

Supermarkets are being left with empty shelves throughout Germany, as spiralling inflation renders the sale of a wide variety of products unprofitable.

A leftist German state Prime Minister has described those protesting the country’s car-crash energy policy as the beginning of a new “fascist movement” in the country.

French mayors have warned the Macron government that the country is heading “straight into the wall” over surging energy costs in the country.

Germany’s economics minister has publicly admitted that much of the nation’s economy has already been reduced to a “burning” fire by the ongoing energy crisis ahead of what is expected to be a cold winter for many in the country.

Despite the ongoing energy crisis, the UK Labour Party’s Shadow Chancellor has announced that her party will ban fracking and push their green agenda should they be put into power.

Europe is now looking at the possibility of “social unrest” should the continent be hit with a cold winter this year, the head of the International Monetary Fund (IMF) has now warned.

Newly elected Conservative Party of Canada (CPC) leader Pierre Poilievre promised to fight for the working class in his first caucus speech.

Prime Minister Liz Truss has announced a freeze on energy bills, an end to the ban on fracking for shale gas, and new licences to drill oil in the North Sea.

A dark Christmas could be forthcoming in Britain and Ireland this year as officials in both countries consider not putting up festive lights over the ongoing energy crisis.

Up to 60 per cent of factories in the UK are now facing possible closure over a massive surge in their energy bills, a manufacturers’ body in the country has now claimed.

Incoming Prime Minister Liz Truss could end up taking out a loan of around £90 billion (~$104 billion) to freeze household energy bills, reports are now claiming.

One of Britain’s best-known breakfast shows plumbed new depths of indignity as a struggling guest spun the wheel to win his energy bills paid.

The current Slovak government has been donating arms to the Ukrainian armed forces while opening its border to refugees fleeing the war with Russia.

The cost of a pint of beer must rise to up to £20 (~$23) if British pubs are to stay in business this winter, an industry bigwig warns.

Ukraine’s First Lady’s message to Britons facing crippling energy bill hikes and a cost of living crisis is that while they might be “counting pennies”, her county is counting casualties.

Foreign Secretary Liz Truss, the runaway favourite to succeed Boris Johnson as Conservative (Tory) Party leader and Prime Minister next week, has promised “immediate help” with soaring energy bills – but refuses to outline specific policies.

German foreign minister Annalena Baerbock said the government will support Ukrainian for “as long as they need us” even if voters oppose it.

Exports in the UK have warned that homes being left without heating as a result of surging energy prices will kill British children.

Boris Johnson is reportedly set to beg that the future leadership of Britain keep pushing his net zero green agenda, despite the fact that the country faces a crippling energy crisis.

The President of the EU Commission has demanded an “emergency intervention” into the electricity market to curb prices as warnings emerge that further spikes in energy costs are to be expected.

The European Union now faces up to ten years of “terrible” winters of energy insecurity as a result of its green agenda, with many nations in the bloc having gotten themselves addicted to Russian gas in service of climate crazy ideals.

Just under one in four Britons will leave their heating off over the winter as the price of energy surges, polling has suggested.

The French prime minister has announced that the government is dedicating an extra €1.5 billion to the state’s green agenda despite the country’s ongoing cost of living crisis.

Spanish populist party VOX has vowed to challenge the newly passed energy decree in Spain’s constitutional court, claiming the decree violates the rights of Spaniards.

LONDON (AP) – Stinking piles of garbage on the streets of Edinburgh are threatening the health and safety of the public, a health authority warned Saturday as strikes by garbage collectors in the Scottish capital moved into their ninth day.

UK residents will see an 80 per cent increase in their annual household energy bills, the country’s energy regulator announced Friday, following a record 54 per cent spike in April. That will bring costs for the average customer from 1,971 pounds ($2,332) a year to 3,549 pounds.

As Europe enters into what looks to be a winter of political and social chaos, a trade union tsar in the UK has hinted that the country could see riots over the current cost of living crisis.