The Office for National Statistics (ONS) has confirmed today that UK inflation has risen to 9% amid the growing cost of living crisis.
This is the highest it has been for 40 years.
The data released by the ONS today showed prices hiked across a broad range of everyday goods and services during April, but almost three-quarters of this inflation rise was said to be accounted for by the unprecedented 54% increase in the energy price cap – which kicked in at the start of the month.
Millions of people across the UK saw an unprecedented £693-a-year rise in energy costs last month when the a higher energy price cap was introduced.
The energy price cap – which is the mechanism that outlines the maximum amount that companies can charge to provide energy – has been credited with protecting around 22 million UK households from the worst of the price hikes after COVID-19 restrictions were eased and the war in Ukraine pushed up wholesale gas prices.
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The cap also prevented companies from passing on unprecedented increases to their customers.
But the average bill rose by 54%, or £693 annually, from April to £1,971, and the latest forecasts suggest bills could rise to almost £2,600 in October when the next price cap adjustment is due.
— Office for National Statistics (ONS) (@ONS) May 18, 2022
Speaking on the price hikes, Grant Fitzner – Chief Economist at the ONS – said: “Inflation rose steeply in April, driven by the sharp climb in electricity and gas prices as the higher price cap came into effect.
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“Around three-quarters of the increase in the annual rate this month came from utility bills… [and] steep annual rises in the cost of metals, chemicals and crude oil also continued, along with higher prices for goods leaving factory gates,” he added.
“This was driven by increases for food products, transport equipment and metals, machinery and equipment.”
Record high prices for both petrol and diesel were other major factors in the inflation rise / Credit: iStockphoto
The Bank of England has also released updated forecasts earlier this month that suggest inflation will top 10% later this year.
Chancellor Rishi Sunak says the government “stands ready to take further action” in response to the rise in inflation, explaining in a statement today: “Countries around the world are dealing with rising inflation [and] today’s inflation numbers are driven by the energy price cap rise in April, which in turn is driven by higher global energy prices.
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“We cannot protect people completely from these global challenges, but are providing significant support where we can.
Greater Manchester officially launches five-year climate change action plan
Danny Jones
Greater Manchester has officially begun its five-year climate change action plan, with the overarching goal of becoming a net-zero city region by 2038.
The comprehensive pledge put together over a number of years itself will see Manchester City Council and the nearby local authorities put into action a number of key measures that will help to reduce not only central carbon figures but, eventually, across the 10 boroughs in turn.
Over the last 15 years, emissions have been reduced by approximately 64%, saving an estimated 44,344 tonnes of carbon through cleaner building energy, street lighting and other electronics, as well as the increasingly green and over-growing Bee Network.
They have also insisted that it isn’t just about cutting down on greenhouse gases; the aim is to make the city region and the surrounding areas more sustainable, affordable and create a better standard of life.
Our five-year plan to tackle climate change launches today. 🌏
It details how we’ll continue to deliver dramatic reductions in the amount of carbon we emit (the biggest contributor to climate change). 🏙️
As per the summary on the Council website, in addition to creating more efficient homes, they’re hoping to provide more access to nature and good-quality green space, “public transport you can rely on”, and “better health and wellbeing for those who live, work, study and visit here.”
With a steadily recovering local and national economy (touch wood), they’re also hoping for an influx of new jobs, too.
Summarising the key bullet points leading up to the end of the decade, these are the next steps currently outlined by the Council:
Lower carbon emissions
Grow the use of renewable energy
Improve low-carbon travel in the city
Improve air quality
Grow the city’s natural environment and boost biodiversity
Improve resilience to flooding and extreme heat
Engage and involve our workforce and our city’s communities
Reduce waste and grow reuse, repair, sharing and recycling
Support a move to a more circular economy
Minimise the negative impact of events held in the city
Develop our knowledge of our indirect emissions and lower them
Create a green financing strategy and explore new funding models for the city
Influence the environmental practices of other organisations
As for emissions, the target is now to drop the present output by another 34%, which will prevent almost 43,000 tonnes of carbon dioxide (CO₂) from being pumped into the atmosphere.
Having touched upon the continued expansion of the Bee Network infrastructure, Transport for Greater Manchester (TfGM) is also set to install multiple new travel links over the coming years, including both new tram stops and train stations – further
You can read the climate action plan in full HERE.
Manchester’s firework displays are ‘back with a bang’ as they return from 2026
Emily Sergeant
Council-organised firework displays in Manchester’s parks are set to return from next year, it has been confirmed.
You may remember that these once-popular events have not been held since 2019, as the COVID-19 pandemic initially prevented them from taking place from 2020 onwards, and then following that, they remained paused on a trial basis while the Manchester City Council sought to ‘reprioritise funding’ to support a wider range of free community events across the city.
But now, as it seems, the door was never shut on their potential return.
An ‘improved financial position’ now means that the Council is in a position to bring firework events back, while also still continuing to support other community events.
Papers setting out the Council’s financial position show that fairer funding being introduced by the Government next year will leave the Council better off than previously anticipated, he the reason firework displays have been brought back into the mix.
The Council has admitted that ‘pressures remain’ after so many years of financial cuts, but this new funding creates the opportunity to invest in the things residents have said matter the most to them.
“Manchester prides itself on free community events and we know many people have missed Bonfire night firework spectaculars,” commented Cllr Bev Craig, who is the Leader of Manchester City Council.
“That’s why we are pleased to confirm they’ll be back by popular demand in 2026.
“We know that generations of Mancunians have enjoyed Council-organised displays and that free family events are a great way to bring people together… [and] now that this Government is actually investing in Councils like ours rather than the cuts we had since 2010, we can bring back Bonfire events.”