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Good data in hard times

Economy
United Kingdom
Started April 29, 2026

This post was originally published on our Substack. The war in Iran and its impact on global energy markets have sent shockwaves through the UK economy. Consumer confidence is down, as fuel prices and interest rates rise. And, while most households’ energy costs are shielded by the Ofgem price cap for now, April is a key month for businesses renewing their energy contracts. … Continued The post Good data in hard times appeared first on Resolution Foundation

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CLAIM Posted by will • Apr 29, 2026
Businesses should be allowed to negotiate their energy contracts freely to stimulate competition and lower prices in the long run.
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CLAIM Posted by will • Apr 29, 2026
Consumer confidence is crucial for economic stability; addressing the fears around rising fuel prices and interest rates is necessary for recovery.
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CLAIM Posted by will • Apr 29, 2026
Maintaining the price cap on energy may hinder market recovery and discourage investment in sustainable energy solutions.
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CLAIM Posted by will • Apr 29, 2026
The impact of the Iran war on global energy markets is overstated; local factors play a more significant role in the UK's economic challenges.
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CLAIM Posted by will • Apr 29, 2026
The government's price cap on energy costs is essential for protecting households during this economic crisis and should be extended indefinitely.
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