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Brown's energy losing ground, changing focus

03 September, 2008

Gordon Brown's political relaunch is faltering as a result of the big six energy companies refusing to agree to fund a discount on the UK's poorest customers' energy bills.

Gordon Brown's political relaunch is faltering as a result of the big six energy companies refusing to agree to fund a discount on the UK's poorest customers' energy bills.

The prime minister originally planned to announce this week a discount scheme which would have benefited those suffering most at the hands of fuel poverty, but talks with the energy companies are now said to be refocusing on how they can reduce bills by ensuring homes of the poorest are insulated.

The government had been lobbying for a £100 reduction on the bills of those hit hardest by the double price rises seen so far this year.

As discussions are grinding to a halt, both sides are beginning to talk up the possibility of helping the poor better insulate their homes, which would provide a more sustainable solution to fuel poverty in the future.

Short term measures are needed however, as well as long term solutions, in order to reassert Mr Brown's popularity, and as such the energy companies can expect to be harangued for some time yet, in an attempt to make them provide the cash to those that are struggling with their bills.

British Energy sale completed 7 weeks late 24 September, 2008

The long, drawn-out sale of British Energy (BE) to EDF Energy has come to an end after the French energy firm bought BE for £12.5 billion, it has been reported.

Government hopes for BE 'optimistic' 29 August, 2008

Government hopes to have an EDF Energy-British Energy (BE) tie up within two weeks have been dubbed "optimistic" by the British nuclear company, according to a recent report.

Energy companies may be one step closer to windfall tax 29 August, 2008

Gordon Brown is facing the prospect of a major defeat over the government's reluctance to impose a windfall tax on energy companies, it has been reported.

City attacks Brown on windfall tax 28 August, 2008

The City of London has launched a campaign against Gordon Brown in order to convince him that introducing a windfall tax on energy companies should be avoided.

TaylorWimpey reports £1.5bn loss 28 August, 2008

TaylorWimpey has reported phenomenally poor first half results for the year so far, recording a loss of £1.5 billion, it has been announced.

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