Britain is facing a surge in cold weather, with icy conditions and fog expected for much of this week
The UK Met Office has issued a Yellow warning, which means there could be damage to buildings as Britons brace for cold conditions.
Like much of Europe, the UK are bracing for very strong winds on Wednesday, causing disruption to travel and some utilities.
Drivers are also urged to take extra care on the roads, with warnings in place for icy stretches forming on UK roads.
But some residents who are seeking to heat their homes are on edge, as power prices remain high.
Peter Smith is the director of policy and advocacy at National Energy Action, who said the rising cost of living is impacting Britons.
“The average annual bill has almost doubled since this time last year.”
The organisation seeks to close the gaps when it comes to energy affordability. It predicts 6.7 million UK households will be in fuel poverty in the coming months.
This means millions of Britons will be unable to afford living in a warm, dry and safe home.
“So far the milder than usual weather has protected many from the spiralling bills as they haven’t needed to heat their homes as high or as long as usual,” Mr Smith said.
How to keep warm without blowing your bill
UK Prime Minister Rishi Sunak has urged people to make their own decisions, as he met with world leaders in tropical Bali last week.
“There are things that we can do—all of us—to improve the efficiency with which we use energy, to be careful about it,” he said.
For example, an efficient heater; taking advantage of the sun, where appropriate; and rearranging furniture are some cost-effective methods to reduce the burden on gas and energy bills.
Pipes at the Nord Stream 1 gas pipeline are pictured in Germany.
In addition, there are some other cheap ways to reduce dependence on gas and electricity bills, as the temperature continue to plunge.
close off rooms you’re not using
lower the temperature of heating
make sure windows are fully closed
block cold drafts from under doors using door snakes or carpet.
The UK Government has placed a cap freeze on energy prices.
This means households will pay an average £2,500 on their energy bills. But there is a catch: if households use more, they pay more.
National Energy Action believes an additional 2.2 million homes could be in fuel poverty, when compared to the same time last year.
Why are energy prices so high?
As demand increases, so too does the cost of heating homes.
But there is another factor, which has sent prices rising across Europe: the war in Ukraine.
However, countries are struggling to find alternative supplies after sanctioning Moscow for the ongoing conflict.
“Putin’s abhorrent war in Ukraine, and rising energy prices across the world are not a reason to go slow on climate change. They are a reason to act faster.”
RISHI SUNAK, UK PRIME MINISTER
Germany halted the Nord Stream 2 pipeline, which was expected to double the amount of Russian gas shipped to Europe.
In July, Russia cut the amount of gas pumped through Nord Stream 1 to 20 per cent capacity.
Costa is a news producer at ticker NEWS. He has previously worked as a regional journalist at the Southern Highlands Express newspaper. He also has several years' experience in the fire and emergency services sector, where he has worked with researchers, policymakers and local communities. He has also worked at the Seven Network during their Olympic Games coverage and in the ABC Melbourne newsroom.
He also holds a Bachelor of Arts (Professional), with expertise in journalism, politics and international relations. His other interests include colonial legacies in the Pacific, counter-terrorism, aviation and travel.
Donald Trump’s trade tariffs could negatively disrupt Australia’s economy, impacting exports like beef and canola oil amid global trade tensions.
In Short
Trump’s trade tariffs threaten Australian exports, notably canola oil and beef, with China’s retaliatory export curbs exacerbating the situation.
A full trade war could drastically impact Australia’s iron ore industry and currency stability, complicating its trade relations amidst rising global competition.
Donald Trump’s new trade tariffs could have adverse effects on Australian exports, including canola oil, beef, and critical minerals.
China has implemented retaliatory export curbs on metals essential for technology, raising concerns as China controls much of the global supply. While the US may seek alternatives in countries like Australia for strategic minerals, tensions with Canada complicate this shift.
However, a full-scale trade war would negatively impact Australia’s largest commodity export, iron ore. A weakening Chinese economy could reduce demand for steel-making materials, harming Australia’s trade interests. Trump’s potential expansion of tariffs on aluminium and steel poses additional risks to local manufacturers amid fears of cheap imports undermining the market.
The beef industry could also face disruption. As the US cattle herd declines, tariffs might disrupt Australian beef exports, leading to price hikes. Conversely, Canada could increase canola exports to non-US markets, intensifying competition for Australian oilseed farmers.
Furthermore, the recent tariff announcements have caused fluctuations in the Australian dollar, which hit low levels against the US dollar initially. Subsequent relief for Canada and Mexico caused a brief recovery, yet ongoing tariff disputes could negatively impact the currency’s stability.
Trump’s new 10% tariff on Chinese imports could raise prices for electronics, clothing, cars, and home appliances in the US.
In Short
President Trump has imposed a 10% tariff on imports from China, potentially increasing costs for US consumers on electronics, clothing, cars, and appliances. The National Retail Federation urges negotiations to mitigate price hikes while analysts predict significant increases in product prices.
President Donald Trump has implemented an additional 10% tariff on imports from China, which could potentially rise further.
This move is likely to result in higher prices for various goods in the US, particularly consumer electronics, clothing and textiles, cars, and home appliances.
In 2023, the US imported $427 billion worth of goods from China. Notably, consumer electronics sales included substantial imports of cellphones and laptops. The Consumer Technology Association estimates that tariffs could raise laptop prices by up to 68%, video game consoles by 58%, and smartphones by 37%.
In clothing and textiles, imports amounted to $19.6 billion in 2023. Retailers may increase prices of apparel and accessories due to these tariffs.
Cars are affected as well, with US imports of car parts valued at $14.6 billion. Analysts suggest that domestic automakers sourcing parts from China may be compelled to raise prices.
Home appliances also face price increases. The National Retail Federation projected that the average price of a basic fridge could rise from $650 to $776.
The NRF has urged all parties to negotiate solutions to strengthen trade relations and avoid passing costs on to American consumers.