Monday, 2 December 2013

Preview of the autumn statement 2013

This week Chancellor George Osborne will be presenting his autumn statement to parliament.

 The most interesting topic at the George Osbourne's uturn on energy prices. 

Quite frankly it is bit of a shambles when the Labour leader,  Ed Miliband was calling for an energy price freeze. 

The Prime Minister David Cameron came out saying the government has no control over international energy prices. 

Now all of a sudden the green levy will be axed from our bills. Which means that household might get a reduction of £50 a month but only after it has gone up by £126 a month.

 

So it does sound like its a bit of a mess but hopefully it will become a bit more clearer once George Osbourne formally presents the budget to MP's. 

Hopefully budget will have a sizeable section on the cost of living crises, at the moment some middle class families are battling to keep afloat with the rising energy and childcare cost. 

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