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The Latest Breaking News from Kwasi Kwarteng

SSE reports increased profits on £24 billion renewable energy pledge

Energy company made £1.5 billion this year amid calls for a windfall tax

Evening Standard

Sunak races to finalise cost of living response after energy bills warning

Measures could be announced as soon as Thursday as households face price cap rise of more than £800

The Guardian - UK

Up to 12 million households could face fuel poverty as energy bills keep surging

Jonathan Brearley, the head of energy regulator Ofgem, told MPs any such hike could see the number of households in 'fuel poverty' nearly double from 6.5 million to 12 million

Daily Mirror

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For Shapps the philosopher, there’s no indefensible position he won’t defend

Transport secretary continues in his long-running role as go-to man for whenever Boris Johnson is in trouble

The Guardian - UK

Kate Forbes demands UK Government act over 'unimaginably horrendous' energy bill rise

SCOTLAND'S Finance Secretary has demanded the UK Government act after Ofgem announced that energy bills will likely soar by around £800 in October.

The National (Scotland)

Millions of Brits could fall into 'fuel stress' if energy price cap soars to around £2,800 in October

Calls for Government to do more to help people in the cost of living crisis as Ofgem boss expects another big increase in bills

Wales Online

Actor Samuel West joins Sizewell protest over threat to nature

The proposals would see a breeding area the size of eight football pitches lost, as well as some three million fish, according to RSPB estimates.

The Independent UK

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Petrol prices - Why fuel costs so much as the government threatens forecourts who overcharge

Chancellor Rishi Sunak cut fuel duty by 5p per litre in March in a bid to help squeezed motorists but the reduction hasn't been passed on by petrol retailers.

Chronicle Live

UK has approved several fossil fuel projects since Cop26, analysis finds

About 50 schemes are thought to be in pipeline between now and 2025 despite climate pledges

The Guardian - UK

Petrol and diesel prices reach new record highs

Latest cost-of-living hit follows inflation reaching record levels in April

Insider UK

Tories want to BLOCK giving struggling families £600 amid 'apocalyptic' food prices

Conservative MPs face calls to back a one-off levy which would pump cash into the wallets of the hardest-up households

Daily Mirror

Minister says people should work more hours or get better job to protect themselves from cost-of-living

Rachel Maclean added that such an option wouldn't work for everyone

Manchester Evening News

Hinkley Point C nuclear plant could help households save £1bn a year on energy bills, says EDF

The French energy firm has issued a statement following comments by the business secretary over the cost to consumers of building more nuclear plants in the UK

Birmingham Post

Tory MPs to grill Bank of England governor over high inflation

Andrew Bailey’s appearance at select committee will come amid work from chancellor to find new ways to ease cost of living

The Guardian - UK

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Evening Standard

‘Severe risk’ of trade war with Brussels, Britain’s former ambassador to EU warns

There is a “severe risk that we are heading into a trade war" with Brussels, Britain’s former ambassador to the EU has warned.

The Guardian - UK

Ireland says UK risks sending message it will break treaties in Brexit row

Foreign minister criticises ‘sabre-rattling’ from UK amid signs British rhetoric is softening over Northern Ireland protocol

The Independent UK

Chancellor will impose windfall tax on energy giants’ profits, insists Miliband

Rishi Sunak has said ‘no option is off the table’ when it comes to measures to ease the cost of living.

Daily Mirror

Cost of living: Labour to force Commons vote on a windfall tax on oil and gas giants

Keir Starmer’s party plans to expose Conservative splits on a windfall tax, claiming the levy would hand the hardest-hit households £600

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The Independent UK

Kwarteng dismisses ‘irresponsible’ threats of trade war with Brussels

The Business Secretary said the UK will not be deterred from taking action to maintain political stability in Northern Ireland.

Reuters

Ireland calls on UK to cool Brexit tensions over Northern Ireland

Ireland's foreign minister Simon Coveney urged British Prime Minister Boris Johnson on Sunday not to introduce new post-Brexit trade laws in the coming the days that he said could undermine the peace process in Northern Ireland.

Evening Standard

UK ‘absolutely’ prepared to suspend Northern Ireland protocol, says Kwasi Kwarteng

The DUP has threatened it will not come to a power-sharing agreement unless the protocol is changed

The Independent UK

Eurovision: Will Ukraine host 2023 song contest after winning?

Country won after receiving overwhelming support in public vote

Daily Mirror

Ukraine's President Zelensky vows Eurovision will be held in besieged city of Mariupol 'one day'

Ukraine's hero leader President Volodymyr Zelensky has hailed Kalush Orchestra's morale-boosting win in the Eurovision Song Contest

Wales Online

UK Government warns developing nuclear project may add to energy bills

During his visit to north Wales on Thursday, Kwasi Kwarteng said that during the early stages of building a reactor it would "add at most a few pounds a year to a typical household", but in the longer term it would provide us with "cheaper power"

The Independent UK

Kwasi Kwarteng wants natural gas to be reclassified as ‘green’ energy source to entice investors

‘Shout and scream all you like,’ the minister told campaigners who called for an end to natural gas drilling

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