Ten Things You Need to Know Today: 29 January 2022

The Week’s daily digest of the news agenda, published at 8am

1. Fuel bills ‘to rocket to £1,900’

Energy bills are set to rise by nearly half to £1,900, reported The Telegraph. The predicted increase is because the energy price cap is set to rise, based on wholesale prices over a six-month period that ends on Monday. The news will place fresh pressure on ministers to agree on measures to help families. Scrapping VAT from energy bills is considered the leading proposal. However, the move would cost the Exchequer about £2.5bn.

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