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Resolution Foundation: PM Must Tackle Cost of Energy (Audio)

Resolution Foundation: PM Must Tackle Cost of Energy (Audio)

FromBloomberg Daybreak: Europe Edition


Resolution Foundation: PM Must Tackle Cost of Energy (Audio)

FromBloomberg Daybreak: Europe Edition

ratings:
Length:
9 minutes
Released:
Sep 1, 2022
Format:
Podcast episode

Description

Mike Brewer, Chief Economist of the Resolution Foundation think-tank, says the next UK Prime Minister must intervene to bring down the cost of energy for households, rather than favouring another cash payout like the current £400 rebate. Brewer told Bloomberg's Caroline Hepker and Stephen Carroll that disposable income in the UK is going to drop by around 10% over two years as soaring energy bills drive inflation higher. In its latest report, the Resolution Foundation is warning three million more people will enter absolute poverty in the UK, where they can not afford the basics.See omnystudio.com/listener for privacy information.
Released:
Sep 1, 2022
Format:
Podcast episode

Titles in the series (100)

Bloomberg Daybreak delivers today's top stories, with context, in just 15 minutes. Get informed from Bloomberg's 2,700 journalists and analysts in 120 countries.