https://sputnikglobe.com/20220212/protesters-rally-in-londons-parliament-square-against-cost-of-living-crisis-1092960333.html
Protesters Rally in London's Parliament Square Against 'Cost of Living Crisis'
Protesters Rally in London's Parliament Square Against 'Cost of Living Crisis'
Protests against what is known as the 'cost of living crisis' are expected to be held throughout the UK on Saturday, with the British media reporting on... 12.02.2022, Sputnik International
2022-02-12T14:28+0000
2022-02-12T14:28+0000
2023-05-28T15:18+0000
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energy
crisis
united kingdom (uk)
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Activists are protesting in London's Parliament Square following the British energy regulator's decision to increase energy prices, which may lead UK households to face a fall in living standards amid what they are calling the 'cost of living crisis'.The protests come amid record-high inflation in the country, with consumer prices recently rising by 5.4 per cent, as of December 2021. According to British media reports, the 'cost of living crisis' is expected to deepen in April, when national insurance contributions are set to rise by 1.25 percentage points; energy and water bills are also projected to soar.Most recently, the British energy regulator Ofgem announced that it had increased the energy price cap by a record 54% starting from April. As a result, electricity bills for the 22 million households currently paying £1,277 ($1,730) on average annually will rise to £1,971 ($2,670).Follow Sputnik's Live Feed to Find Out More!
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protest, energy, crisis, united kingdom (uk)
protest, energy, crisis, united kingdom (uk)
Protesters Rally in London's Parliament Square Against 'Cost of Living Crisis'
14:28 GMT 12.02.2022 (Updated: 15:18 GMT 28.05.2023) Protests against what is known as the 'cost of living crisis' are expected to be held throughout the UK on Saturday, with the British media reporting on hundreds of local and regional demonstrations, supported by trade unions.
Activists are protesting in London's Parliament Square following the British energy regulator's decision to increase energy prices, which may lead UK households to face a fall in living standards amid what they are calling the 'cost of living crisis'.
The protests come amid record-high inflation in the country, with consumer prices recently rising by 5.4 per cent, as of December 2021. According to British media reports, the 'cost of living crisis' is expected to deepen in April, when national insurance contributions are set to rise by 1.25 percentage points; energy and water bills are also projected to soar.
Most recently, the British energy regulator Ofgem announced that it had increased the energy price cap by a record 54% starting from April. As a result, electricity bills for the 22 million households currently paying £1,277 ($1,730) on average annually will rise to £1,971 ($2,670).
Follow Sputnik's Live Feed to Find Out More!
