What the Newspapers Are Saying – March 1
The country’s front pages are about soaring prices as the biggest increase in national energy bills in living memory takes effect.
“Good cruel day” the DailyMirror says as families are hit with a 54% rise in energy bills from Friday, with increases in National Insurance payments, council tax and inflation. “Many could suffer from spiraling debt and physical and mental health problems” as a result, the newspaper writes.
Subway and The Guardian also carry the story, both announcing that the websites of many major energy providers crashed as customers tried to register meter readings ahead of April’s price hike.
“Five million households are facing a budget squeeze” The Independent adds, noting that people will have to spend at least 10% of their budget on energy bills after Friday’s price cap hike.
“Pain in the Gas” The sun writes in reference to soaring energy bills, adding that Russian President Vladimir Putin has threatened to send them even more expensive by cutting off supplies.
the I focuses on renewed pressure on the Chancellor to offer more help as the public faces a “triple whammy of higher energy bills, council tax hikes and the rise of national insurance”. The newspaper adds that unnamed senior Tories have accused Rishi Sunak of being “politically naive”.
Adding to the tension facing the British, the Daily Express says house prices have jumped by £33,000 in a year – their biggest increase in 17 years.
Elsewhere, The Daily Telegraph and the Daily mail lead with claims the disgraced Duke of York is embroiled in a High Court battle after allegedly receiving more than £1million from a ‘fraudster’.
Meanwhile, the Times carries concerns from an unnamed ‘senior government source’ that Western allies are too eager for Ukraine to settle for an easy peace deal with Russia, which the UK government reportedly opposes.
the FinancialTimes reports that the United States has ordered the “biggest release of oil ever” from strategic reserves in an effort to reduce fuel costs, pumping one million barrels a day into the market over the next six months .
And the daily star warns of an ‘Eggpocalypse’ caused by a ‘huge rise in production costs’ for farmers.