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The Latest Breaking News from Nadhim Zahawi

Energy cap: Chancellor blames Putin for price hikes that will plunge families into poverty

Households are being warned of a 'dark winter' ahead

Liverpool Echo

Liz Truss vows ‘decisive action’ on soaring energy bills – but does not commit to extra payments

Tory frontrunner acknowledges the strain is ‘clear’

The Independent UK

North East families claiming tax credits to receive their first Cost of Living payment

Around 1.1 million families who claim the benefit will receive their £326 Government payment next month

Chronicle Live

From analysis to the latest developments in health,
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British Gas will donate 10% of profits to help cut energy bills as price cap set to rise

Thousands of households to receive average grant of £750, supplier says

The Independent UK

Tories sell access to their next Chancellor at 'Business Day' for £2,990 a head

The Conservatives defended the advert at the party conference in Birmingham, which promises those who can afford it will be able to 'take your business to the next level'

Daily Mirror

Energy bill crisis: 'Nothing is off the table' says Chancellor Zahawi

However, he also insisted a freeze in the price cap would not deliver “targeted help” for those who need it most.

Wales Online

‘Nothing off the table’ when it comes to action on energy bills, Zahawi insists

Chancellor Nadhim Zahawi added that a freeze in the price cap would not deliver ‘targeted help’ to those who need it most.

The Independent UK

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Zahawi faces shortest chancellorship since 1970 – and may be glad of it

The ex-vaccines minister appears to be the equivalent of a caretaker football manager, with Kwarteng waiting in the wings

The Guardian - UK

Rishi Sunak pledges to oppose nationalism as Zahawi showcases UK aid to Scots

Chancellor Nadhim Zahawi will head to Scotland to showcase Government support for energy bills, as the crisis dominates the Tory leadership race.

The Independent UK

Zahawi says Westminster has ‘stepped in to ease pressures on household budgets’

The Chancellor is set to visit Edinburgh on Wednesday, the Treasury has said.

The Independent UK

Campaigners blast decision to fund new nuclear power plant as 'dodgy'

CAMPAIGNERS have slammed the approval of funding for a new multibillion-pound nuclear power station.

The National (Scotland)

How to tackle the UK cost of living crisis – the main economic ideas

Our writers assess and cost the key ideas floated so far, from targeted help to the most vulnerable to a new windfall tax

The Guardian - UK

Boris Johnson approves funding for Sizewell C nuclear plant in ‘dodgy decision by lame duck PM’

Private funding will be sought for the project in Suffolk estimated to cost £20-30 billion.

The Independent UK

Boris Johnson approves nuclear plant costing billions - weeks before new PM arrives

Funding for the Sizewell C nuclear power station has been approved in Suffolk, and the government will make a final decision on public investment later this year - though it could be £6bn

Daily Mirror

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Wales Online

Boris Johnson approves funding for Sizewell C nuclear plant

Project expected to cost between £20-30 billion

Evening Standard

Chancellor Nadhim Zahawi admits rocketing inflation is hitting Britain’s public finances

Chancellor Nadhim Zahawi admitted on Friday that soaring inflation is hitting Britain’s public finances with debt interest payments up by more than £2 billion.

The Guardian - UK

Industry unites behind plan for crisis fund to control soaring energy bills

A state-backed ‘deficit tariff scheme’ supported by banks would freeze energy bills at their current rate

Evening Standard

Minister forced to deny opposition claims of a ‘zombie Government’

Education Secretary James Cleverly claims ministers are still working as the cost of living squeeze continues

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Daily Mirror

Asda boss blasts 'Captain' Boris Johnson for 'going on shore leave' during crisis

Lord Rose, who is a Tory peer, lashed out at the holidaying PM, who has taken two breaks in a fortnight despite having just weeks left at the helm - fuming: "The captain of the ship is on shore leave, right – nobody is in charge at the moment"

The Independent UK

Zahawi condemns Labour’s energy plan for rewarding ‘wealthier people like me’

The Chancellor said he would rather target support for families struggling with the cost of living.

Evening Standard

Inflation surges to 10.1% in new costs bombshell

Bank of England ‘could be forced to more than double interest rates’

The National (Scotland)

Chancellor's new top adviser linked to free market ideologues and Ukip

THE Chancellor has reportedly hired a senior member of a right-wing free-market think tank closely linked to the official Vote Leave campaign.

Daily Mirror

Workers' pay falls at record levels as Tories 'have lost control of the economy'

Boris Johnson is on his second holiday in a fortnight as Brits are facing a deepening cost of living crisis. Between April and June, regular pay slumped by 3% when taking skyrocketing inflation into account, according to official statistics.

The Independent UK

Taskforce set up in bid to deliver energy bill discount in Northern Ireland

UK Chancellor Nadhim Zahawi met Stormont Economy Minister Gordon Lyons and Communities Minister Deirdre Hargey in Belfast last week.

Daily Mirror

Keir Starmer warns Brits 'suffering every day' as he unveils £29bn energy bills plan

Labour’s leader Sir Keir Starmer said millions are “very, very worried”, from families forced to put food back on supermarket shelves to an 84-year-old in Dewsbury “too scared” to heat her home in winter

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