Energy bill exit fees have surged 345% since 2021, according to the latest Warm This Winter Tariff Watch report.

76% of fixed tariffs are more expensive than the Ofgem price cap.

Exit fees mean customers with poor customer service can't leave a supplier.

endfuelpoverty.org.uk/surge-in-energ…

The cost of living crisis is only deepening for renters. Rents are increasing 3x faster than CPI inflation and food insecurity is much worse for renters than home owners.
Our housing crisis drives inequality, and is made worse by our terrible inequality of wealth and power.

🚨Today’s inflation figures show food price inflation increased by 30% compared to April 2021, when prices started to accelerate. 📈

While the main rate of inflation has come down, essentials like food and energy still cost much more. 🍞💷

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Interesting way of visualising how little revenue we actually get from taxes on wealth.

The price of food is still much higher than pre-crisis levels.

But while families feel the squeeze, supermarkets are making bumper profits.

We need to see action on excess profits and a real plan for an affordable Britain.

bbc.co.uk/news/business-…

There are 55 billionaires in the UK.

A 1% wealth tax on them and the very richest could raise £22bn a year.

Enough to pay 276,000 nurses AND double dental funding in England, with change to spare.

Our exec diector Robert Palmer in the Guardian.

theguardian.com/news/2024/apr/…

My letter to Guardian letters “Why would we waste further time and effort creating yet another temporary sticking-plaster response to destitution based on charity and surplus?” ⁦Now is surely the time to focus 100% on long-term #CashFirst solutions theguardian.com/society/2024/a…

The number of super wealthy people is growing, but so is the number of families who can't afford essentials.

The answer? Reform the tax system so that those who own and earn the most pay their proper share. 75% of millionaires agree!

theguardian.com/business/2024/…

Yesterday, Rishi Sunak appeared in front of Liaison Committee. In the transcript of the nearly two-hour long meeting, there is no mention of the cost of living crisis, despite this being one of the public's top priorities

committees.parliament.uk/oralevidence/1…

'We expect families on limited incomes to curb spending – yet it’s the rich who should be doing our bit with greater taxation on wealth.'

Interesting piece on the unequal impact of inflation rate rises and why we need a wealth tax from Patriotic Millionaires UK
theguardian.com/commentisfree/…

I have a great way to bring down inflation – make millionaires like me pay more tax theguardian.com/commentisfree/…

Great to see Phil White #The99% #TaxTheRich from Patriotic Millionaires UK calling for wealth taxes to combat inflation and mentioning Stop the Squeeze in today's Guardian! 👏

theguardian.com/commentisfree/…

BREAKING

Child poverty has risen *again*.

4.3 million children are living in poverty.

In a general election year, nothing should be more important to our political leaders than making things better for the country’s poorest kids.

Inflation might be falling, but that doesn't mean prices will also come down. Our grocery bills are still high; childcare costs & rent are shooting up. Without proper government action, the cost of living crisis will continue indefinitely. 1/3