Justice Secretary Dominic Raab conducted a sharp interview with a BBC presenter on the subject of fuel.
Presenter Charlie Stayt had asked the deputy prime minister how much a litre of diesel cost.
Mr Raab said he was buying unleaded and last went to a fuel station, between 1. 65 and 1. 67 per litre.
Stayt said the costs had “passed” recently, saying, “What’s in the genuine world is that other people are looking to manage things and those costs at the pump, as it goes past them, they happen day by day. “
The politician responded by asking, “Well, tell me, what is a liter of lead today?”
The BBC presenter said the highest price he had seen recently for diesel was £1. 99 a litre at an M6 petrol station.
Mr. Raab again insisted on the value of lead and said, “I’m just checking how much touch you have, because the last time I looked at it was 1. 65-1. 67. “
Mr Stayt said £1. 68 was the last value he had noticed for lead-free products, to which Mr Raab replied: “I’m just pointing out that I’m right about the price of a litre of lead-free products. “
In this edition of the Sky News Daily podcast, our presenter Kay Burley returns to her Wigan for a week of special politics in charge of living through the crisis.
Many North Sea operators worry that a tax on providence profits can only their investments, according to the head of the framework representing Britain’s offshore oil and tax industry.
Labour has called for a tax on single people on businesses, which have made dizzying profits while members of the public have struggled with emerging costs.
The government has been reluctant to impose the tax, arguing that it will have an effect on investment.
Offshore Energies’ lead executive, Deirdre Michie, believes that a strong and predictable tax regime serves to build trust.
“The chain of origin is based on the paintings of the operators,” he told Times Radio.
“In fact, they worry that if an investment through operators starts to fade, it will undermine the projects they hope to carry out and that’s where jobs start to disappear.
“It’s the supply chain that has the jobs. You also have the experience and skills that will make the energy transition. There is no doubt that it is all the fuel companies, their supply chain, that will drive the energy transition. “
The TV leader staged an “Eton Mess” protest outside Downing Street today after the government delayed two-for-one banking plans on junk food.
Holding the dessert in front of about two hundred supporters, he said it was “a symbol of disorder” created by ministers by postponing plans.
The government has argued that it does not want to interfere in how other people spend their money amid the accusation of living through a crisis.
But Oliver told the enthusiastic protesters: “Using the charge of living as an excuse is wrong, it’s absolutely unfair. . .
“So [Boris Johnson] is changing his own legislation at a time when children’s fitness has never been more compromised since the beginning of recording.
“This is surely pressing and the excuses he used to do so are surely true. “
Oliver himself has been criticized for being disconnected at a time when they are struggling to put food on the table.
By Ed Conway, Editor-in-Chief, Data and Economics
Britons will have to prepare for a “very ugly period,” in which “considerable” interest rate hikes are now needed to prevent a repeat of the 1970s, former Bank of England governor Mervyn King has warned.
Lord King launched a harsh attack on central banks, adding the Bank of England itself, claiming they shared responsibility for the cost-of-living crisis, having fuelled emerging inflation by printing billions of pounds and dollars during the pandemic.
He said they raise interest rates immediately.
Blaming a “failure of the economic profession,” he said central banks supply unsightly drugs to prevent an inflationary spiral.
He said: “When you make an intellectual mistake when it comes to politics and let inflation rise, if then bad luck hits you, which happened in the 1970s and now, it becomes a very unpleasant outcome.
“Take complicated steps. And it’s not a pleasant time we’re going through to have to go through. “
In the face of the pandemic, the Bank of England cut its base rate to a record 0. 1% and released another £250 billion, bringing the total amount of cash created under its quantitative easing programme to £895 billion.
Lord King said: “They have not published the additional money; what governments were doing was enough to deal with the consequences of COVID. Now they are worried about inflation, whereas before they were not. . . [But] this is not all” result of the Russian invasion of Ukraine. It was predictable, because there was a misdiagnosis of what to do with the pandemic. “
The comments come amid developing complaints about the Bank’s role in managing the emerging burden of life, with inflation now at 9% expected to exceed double digits through the end of the year.
Education Secretary Nadhim Zahawi has revealed that he plans to give more cash to schools so they can cope with the cost-of-living crisis.
He told Times Radio that the cash can be used to ease the charge of increasing food and electricity bills.
Energy prices account for 1. 4 to 1. 5 percent of a school’s budget, but for a “minority” of schools, that increases by 7 to 10 percent, he said.
“So we’re at this very conscientiously. We have room to maneuver, but we are not complacent,” Mr. Zahawi said.
Speaking to reporters in Wales, Boris Johnson was asked what he expected before giving more to suffering members of the public.
He said other people were being presented with “huge amounts of money right now” using the country’s “fiscal firepower. “
The prime minister blamed previous Labour governments for not investing in nuclear power and said it is “crazy that we pay much more than other countries”.
He said he was looking to “make sure we don’t run into this challenge again” by investing in the right types of energy.
Regarding the existing crisis, Johnson said he was “not going to pretend that we can magically all spend. “
“It’s going to fall, we’re going to get other people to get by,” he added.
Drivers were fined a total of £254. 9 million last year, out of £70,000 a day, according to figures from Churchill Motor Insurance.
This is a record amount and 8. 6% more than last year.
Nearly two-thirds of city councils imposed new parking restrictions last year, hoping to generate profits through parking fees and crack down on drivers in built-up areas.
Nicholas Mantel, director of Churchill Motor Insurance, said: “Parking is one of the most stressful facets of driving, especially for families, who are pressed for time and don’t need their car too far from their final destination.
“It’s quite tricky for motorists in Britain’s cities and towns to locate parking spaces, especially for free, as the local government seeks to reduce congestion and put in place ever-increasing controls. “
Last year more than 5. 2 million fines were distributed across the UK, to 10 fines consistent with the minute.
Economic correspondent Helen-Ann Smith tries to ask questions on everyone’s lips. . .
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