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World Economy Mar 24, 2026

UK Chancellor Rules Out Universal Energy Bill Support, Eyes Targeted Aid

UK Chancellor Rachel Reeves has ruled out universal support for energy bills, instead opting for ta…
UK Chancellor Rachel Reeves has announced that the government will not provide universal support to deal with potential future rises in energy bills. Instead, any government assistance will be targeted towards those who need it most.Reeves criticized the support package offered by the previous government under Liz Truss as unaffordable and irresponsible, stating that it benefited the wealthiest households and led to high levels of national debt.The chancellor emphasized that any future support will be provided within the government's fiscal rules to keep inflation and interest rates low. The government is currently focusing on longer-term measures to reduce energy bills for all households.Reeves also mentioned that she will review the planned fuel duty rise in September, but did not commit to delaying or postponing it. She will hold meetings with supermarkets and banks to discuss how they can support their customers and ensure that the Competition and Markets Authority has the necessary powers to detect and prevent price gouging.The chancellor's announcement comes amid speculation about the government's response to the energy crisis and its impact on households.
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World Economy Mar 22, 2026

Hummus Becomes a British Staple: From Exotic Curiosity to Mainstream Favorite

Hummus has become a staple in British cuisine, joining the list of foods used to measure the cost o…
Hummus has become an integral part of British cuisine, joining the inflation basket as a staple food item. The dip's popularity has grown exponentially since its introduction to British supermarkets in the late 1980s.Waitrose was the first British supermarket to stock hummus in 1987, marking the beginning of its journey from an exotic curiosity to a mainstream favorite. Today, hummus is a ubiquitous presence in British supermarkets, with Tesco offering 18 different versions of the dip.The success of hummus can be attributed to its versatility, with Ramona Hazan's eponymous brand producing 80-100 tonnes of hummus a week. Hazan started her company in her London flat in 2004 with a £25 Kenwood blender and now has a brand valued at £24m.The UK's changing dietary habits have played a significant role in hummus's popularity, with consumers increasingly opting for healthier alternatives. Middle Eastern cuisine has become increasingly mainstream, with chefs like Yotam Ottolenghi and Claudia Roden contributing to its popularity.The addition of hummus to the inflation basket reflects the significant impact of healthier lifestyle choices on consumer spending. Alcohol-free beer will also be included in the basket for the first time, highlighting the shift towards healthier alternatives.
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