HOUSEHOLDS need support now, campaigners urged today as the government unveiled plans to weaken the link between global gas market prices and the cost of British electricity.Energy Security and Net Zero Secretary Ed Miliband announced the plan, claiming the “era of fossil fuel security is over,” and said current measures were not enough on their own.Chancellor Rachel Reeves will hike the government’s windfall tax on low-carbon electricity generators from 45 per cent to 55 per cent to raise funds that will be used to support consumers in the short term.

HOUSEHOLDS need support now, campaigners urged today as the government unveiled plans to weaken the link between global gas market prices and the cost of British electricity.

Energy Security and Net Zero Secretary Ed Miliband announced the plan, claiming the “era of fossil fuel security is over,” and said current measures were not enough on their own.

Chancellor Rachel Reeves will hike the government’s windfall tax on low-carbon electricity generators from 45 per cent to 55 per cent to raise funds that will be used to support consumers in the short term.

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