Welcome reduction

ENERGY bills for an average UK household are expected to dip to an annual £1,900 (€2,187) this summer following a reduction in gas prices.

The present energy price cap, set in April, stands at £3,280 (€3,776) a year.

Annual gas and electricity charges are falling as normality returns to the energy market with lower wholesale gas prices beginning to show up on power bills.

Figures currently demonstrate that the price of gas has returned to where it was in February 2022, before Russia’s invasion of Ukraine transformed the energy sector.

Telefonica increases turnover

TELEFONICA announced a net profit of €298 million for the first quarter of 2023 on May 9.

This was 57.8 per cent lower than the €706 million reported during the same period last year, owing to higher debt costs.

Revenue between January and the end of March reached €10.05 billion, 6.7 per cent more than 2022’s first quarter, with increases in all business divisions and Telefonica’s key markets of Spain, the UK, Germany and Brazil despite ongoing inflation.

The company’s net financial debt fell by €244 million to €26.44 billion.

PERSONALLY I think the voting age should be raised to 21. It’s not that I consider the young lacking in intelligence, or am ignorant of the view, that if you’re old enough to die for your country you should at least have a say in who runs it.

The fact is they lack experience; they simply haven’t been around long enough. An 18 ­ year ­ old today, was not even born when the last Labour government was elected and five when they were put out of office by the Conservatives.

They have no idea what it is like to exist under the depressing, inept incompetence of a left wing government.

They have never experienced the sight of the fat cat bully boys of the unions, fresh from their Marbella villa holidays, emerging from Downing Street and announcing that half the nation would be on strike if the ‘workers’ weren’t given what they (the unions) demanded. Of times when ‘everybody out’ issued from the