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Energy Bill Support to Be Based on Household Income

Energy Bill Support to Be Based on Household Income

Chancellor Rachel Reeves confirmed that future energy bill support will be targeted based on household income rather than distributed universally. The shift aims to reduce costs for lower-income households while scaling back support for higher earners. Chancellor Rachel Reeves announced that future energy bill support will be targeted based on household income, signaling a significant shift away from the universal approach that characterized government intervention during the energy crisis. Speaking at a Treasury event, Reeves said the government would replace blanket energy bill subsidies with a means-tested system designed to direct support to those who need it most. The change, expected to take effect in the autumn, aims to reduce costs for lower-income households while scaling back assistance for higher earners. "We cannot continue to spend billions subsidizing the energy bills of people who do not need the help," Reeves said. "The universal approach was right for the emergency. But we are now in a different phase. We need targeted support that protects the most vulnerable while being responsible with public finances." The announcement marks the most significant change to e...

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UK App Developers Sue Apple Over Alleged In-App Payment System Monopoly

In 2019, Spotify filed a similar complaint against Apple with the European Commission. Apple is being sued by a group of UK developers for allegedly monopolizing the in-app payment system on its devices and overcharging app developers. The lawsuit, filed at London’s Competition Appeal Tribuna...


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