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Mr Halligan explained that the Government are set to move towards more nuclear and North Sea energy producers. The business and economic editor also spoke of the Government’s delay in producing a clear strategy. Last week Chancellor of the Exchequer Rishi Sunak published plans for planned tax cuts, but many Brits feel he is not doing enough to save them from plundering into poverty.<\/p>\n
Mr Halligan told GB News: “And so the Government said it’s going to be moving towards more nuclear, towards more North Sea oil and gas.<\/p>\n
“And when I interview Kwasi Kwarteng, the business and energy secretary just a couple of weeks ago, he told me on no uncertain terms that the energy strategy with security review would be coming out, like now! This week.<\/p>\n
“Just after the Spring Statement and now it’s been delayed again, and that’s because there are very serious negotiations going on within Government.<\/p>\n
“And the main tension that I’m hearing about Isabel, is the tension between wanting to help households, particularly on those household utility bills which we know are going up, unfortunately.<\/p>\n
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Mr Halligan added: “From April onwards, on the one hand, and on the other hand, the so-called net-zero agenda.<\/p>\n
“Wanting to focus on renewables which are more longterm, so there is a lot of tension within Government.<\/p>\n
“You’ll remember her COP26 summit last autumn, where there was all that chest-beating about wanting to hit those net-zero targets.<\/p>\n
“It now seems that the emphasis should be on energy security, rather than on what some people will call environmental virtue signalling.<\/p>\n
“But that environmental emphasis does still have huge numbers of supporters within Government, not lease the Prime Minister himself and I think that’s where the tension can be found.”<\/p>\n
<\/strong><\/p>\n Chancellor of the Exchequer spoke with the Treasury Select Committee about the estimated costs of energy pricing ranging from £2,500 to £3,500.<\/p>\n Many Britons have already been affected by the cost of living rise, now they are set to plunge further into poverty as energy prices double and the national insurance increase is now set to take more of their funds next month.<\/p>\n Mr Sunak said: “None of us know what the price cap is going to be in the autumn. That is incredibly volatile.<\/p>\n “We will continue to monitor the situation and, as we know more, are prepared to act if necessary.<\/p>\n “It is very difficult to sit here today and speculate on what happens to energy prices, the biggest impact on living standards, in the autumn.”<\/p>\nBoris squirms over Ukraine conflict saving his Premiership<\/h3>\n
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