A torrid week in politics
The day after the Prime Minister said she was committed to the 45p income tax cut which Chancellor Kwasi Kwarteng had announced ten days earlier, he reversed the decision, saying the plans had become a ‘distraction from our overriding mission to tackle the challenges facing the country’. A few hours later former culture secretary Nadine Dorries accused the Prime Minister of ‘throwing her Chancellor under a bus’, and called for a general election. Having backed Liz Truss for Tory leadership, she now said the PM ‘must take to the country’ if she wants a new mandate, adding that there was ‘widespread dismay’ that much of the work she had done while in office was now on hold. Meanwhile, Cabinet minister Penny Mordaunt called for benefits to be increased in line with inflation - a move promised under Boris Johnson's government. Liz Truss has said her priority is ‘growth, growth, growth’ and she will challenge anyone trying to stop it.
Energy: significant risk of winter gas shortages
Ofgem has said that the UK is facing ‘a significant risk’ of gas shortages this winter due to Russia's war with Ukraine. It could possibly enter a ‘gas supply emergency’, leading to supplies being cut to the power stations using gas to generate electricity. This would place firms at risk of running out of money because of huge charges they must pay if they cannot deliver electricity. SSE,which operates four gas-fired power stations in the UK, is concerned that gas-fired power stations face millions of pounds worth of penalties ‘caused by events outside their control’.
Energy: fracking challenges
When asked if he would allow fracking in the back garden of his home in Somerset, business secretary Jacob Rees-Mogg said, ‘Yes, of course I would, particularly if I get royalties’. Fracking has been a controversial subject within local communities and amongst MPs due to its association with minor earthquakes. In 2019, at oil and gas exploration company Cuadrilla's Lancashire fracking site, over 120 tremors were recorded. Most were too small to be felt. The government recently published a new review from the British Geological Survey, considering any changes to the science around the practice. The report concluded, ‘Forecasting the occurrence of large earthquakes remains a scientific challenge for the geoscience community.’ Mr Rees-Mogg also said that the UK would build a prototype nuclear fusion power plant - ‘the first of its kind’ - in Nottinghamshire by 2040.
Possibility of a new Covid wave
On 2 October health leaders advised vaccination and began calling for a return to mask-wearing, as hospitalisations for Covid rose by 37% in a week to 7,024. They said ministers needed to address staffing shortages urgently, even though the Office for National Statistics said it was too early to say if an autumn wave had begun. The Nuffield Trust revealed that record numbers of nurses were quitting the NHS, with one in nine leaving their jobs. The Royal College of Nursing has called for nurses to have access to the highest-quality PPE. Covid is killing over 300 people a week, and a new variant has been detected. A rise in cases is expected as winter approaches. Acting now to prevent further hospitalisations and deaths is crucial as new variants are causing a slight increase in infections. We can only detect Covid variants by PCR testing, and with no free tests plus economic pressures, people have become quite relaxed about coronavirus. See also
