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Household bills could rise if the government further delays its plan to rid the power network of polluting fossil fuels by 2035, the National Audit Office (NAO) has warned.

Energy officials committed to the target almost 18 months ago, but their plan to deliver it was delayed by the energy crisis as they focussed instead on tackling soaring bills, the auditors said.

However today they warned it was not clear when the new energy and net zero department would come up with a plan to decarbonise the grid, which could drive up household bills even further.

“The longer it takes before government finalises its delivery plan, the greater the risk that it won’t achieve that ambition to decarbonize power by 2035, or that doing so will cost consumers more,” warned Simon Bittlestone, NAO’s director of value for money studies.

“Decarbonizing power is really the backbone of achieving net zero, as we’re all likely to switch to electric vehicles and potentially use electricity to heat our homes, but it will require a step change investment and modernisation,” he told Sky News.

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Why wind farms are paid to stop making energy

Generating electricity accounts for 13% of emissions in the UK. Some 40% of electricity is generated by fossil gas.

Although the country has so far decarbonised faster than any other G7 country, according to government data, demand for electricity is set to soar 60% by 2035 as the economy continues to shift away fossil fuels.

Meeting that demand requires an enormous surge in renewable wind and solar power, including by building three times as much offshore wind capacity in eight years as in the last two decades.

The government should prioritise lifting an effective ban on onshore wind, urged Stuart Dossett, senior policy adviser at think tank Green Alliance.

“Onshore wind is one of the quickest to build and cheapest forms of electricity we have,” he told Sky News.

The shortfall in the UK is “slowing us down from moving as quickly as we need to move to cut carbon emissions and to bring energy bills down,” added Mr Dossett. “Renewables are significantly cheaper than gas, and gas is what is driving up the price of energy”.

Recent UK prime ministers have changed their minds on onshore wind, and Rishi Sunak’s administration is currently running a consultation on relaxing rules.

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Costs to consumers

The report detailed how Britain’s outdated grid is already costing taxpayers, and will only increase without a plan.

That’s because when power generated from a plant exceeds demand, or what the grid can accommodate, energy companies have to limit their output, which costs money that is paid by the consumer.

The grid also needs upgrading and expansion so it can transmit power from where it is made, for example in Scotland, to where it is needed, potentially in Cornwall.

The auditors warned the government must make up its mind which technologies will be used to power the UK during cloudy and calm days, including batteries for short-term power, longer duration energy storage like compressed air, hydrogen from renewables and nuclear.

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Britons paying hundreds of millions to turn off wind turbines

A Department for Energy Security and Net Zero spokesperson said since the energy crisis set in last year “our focus has been on delivering essential cost of living support, including paying half a typical household’s energy bills this winter, because this is the primary focus for families across the country”.

“We have launched world-leading blueprints, such as our British Energy Security and Net Zero Strategies, with many plans already implemented to ensure we are on track to achieve our 2050 net zero target,” they said.

“Our targets are ambitious, however, we haven’t taken our foot off the pedal and our commitment to decarbonise the UK’s electricity system by 2035 remains resolute.”

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Jaguar Land Rover cyberattack pushes overall UK car production down more than a quarter

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 Jaguar Land Rover cyberattack pushes overall UK car production down more than a quarter

UK car production fell by more than a quarter (27.1%) last month as a cyberattack at Jaguar Land Rover halted manufacturing at the plant, industry figures show.

The total number of vehicles coming off assembly lines – including cars and vans – fell an even sharper 35.9%, according to September data from the Society of Motor Manufacturers and Traders (SMMT).

“Largely responsible” for the drop was the five-week pause in production at Jaguar Land Rover (JLR) due to a malicious cyber attack, as other car makers reported growth.

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JLR’s assembly lines in the West Midlands and Halewood on Merseyside were paused from late August to early October as a result.

During this time, not a single vehicle was made. Production has since restarted, but the attack is believed to have been the “most financially damaging” in UK history at an estimated cost of £1.9bn, according to the security body the Cyber Monitoring Centre.

It was the lowest number of cars made in any September in the UK since 1952, including during the COVID-19 lockdown.

More on Cyber Attacks

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Are we in a cyber attack ‘epidemic’?

Despite the restart, the sector remains “under immense pressure”, the SMMT’s chief executive Mike Hawes said.

The phased restart of operations led to a small boost in manufacturing output this month, according to a closely watched survey.

Of the cars that were made, nearly half (47.8%) were battery electric, plug-in hybrid or hybrid.

The vast majority, 76% of the total vehicles output, were made for export.

The top destinations are the European Union, US, Turkey, Japan and South Korea.

JLR was just the latest business to be the subject of a cyberattack.

Harrods, the Co-Op, and Marks and Spencer, are among the companies that have struggled in the past year with such attacks.

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English Championship side Sheffield Wednesday file for administration

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English Championship side Sheffield Wednesday file for administration

Championship club Sheffield Wednesday have filed for administration, according to a court filing, which will result in the already struggling side being hit with a 12-point deduction.

The South Yorkshire club currently sit bottom of the Championship, the second tier of English football, with just six points from 11 games.

Known as The Owls, Wednesday are one of the oldest surviving clubs in world football, with more than 150 years of history.

Court records confirm the club have filed for administration. A notice was filed at a specialist court at 10.01am.

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Sky’s Rob Harris reports on the news that Sheffield Wednesday have filed for administration

What has happened?

The Owls, who host Oxford United on Saturday, have been in turmoil for a long time.

On 3 June, owner Dejphon Chansiri, a Thai canned fish magnate who took over the club in 2015, was charged with breaching EFL regulations regarding payment obligations.

Sheffield Wednesday fans protest the ownership at a game away to Leeds United in January. Pic: Reuters
Image:
Sheffield Wednesday fans protest the ownership at a game away to Leeds United in January. Pic: Reuters

Weeks later, Mr Chansiri said he was willing to sell the club in a statement on their official website.

Sheffield Wednesday's troubles have sparked furious protests from fans. Pic: PA
Image:
Sheffield Wednesday’s troubles have sparked furious protests from fans. Pic: PA

Their crisis deepened just days later when another embargo was imposed on the club relating to payments owed to HMRC, before players and staff were not paid on time on 30 June.

In the months that followed, forwards Josh Windass and Michael Smith left the club by mutual consent. Manager Danny Rohl, now at Rangers, also left by mutual consent.

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Frustrated Sheffield Wednesday supporters have targeted their embattled club’s owner in a highly-visible protest during their opening match of the season.

The Owls were forced to close the 9,255-capacity North Stand at Hillsborough after a Prohibition Notice was issued by Sheffield City Council.

‘Current uncertainty’

On 6 August, the EFL released a statement, saying: “We are clear that the current owner needs either to fund the club to meet its obligations or make good on his commitment to sell to a well-funded party, for fair market value – ending the current uncertainty and impasse.”

On 13 August, the Prohibition Notice was lifted, but a month later, news emerged of a winding-up petition over £1m owed to HMRC.

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Last season, Wednesday finished 12th. They had already been placed under registration embargoes in the last two seasons after being hit by a six-point deduction during the 2020/21 campaign, for breaching profit and sustainability rules.

With a 12-point deduction, the Owls would be 15 points away from safety in the Championship.

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Retail sales the highest in three years in a surprise to economists

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Retail sales the highest in three years in a surprise to economists

Retail sales are at the highest level in more than three years, in the latest measure of the UK economy to confound economists.

The amounts bought in shops rose 0.5% in September, far above the 0.2% contraction anticipated by economists polled by Reuters.

It was the fourth monthly rise in a row and brought volumes to their highest level since July 2022.

Money latest: Restaurant sends bitter message to customers

Doing well were computer and telecommunications retailers as the iPhone 17 launched in the month, while online jewellers reported strong demand for gold despite the price hovering around record highs.

Gold has been in demand, and in recent days reached a record high, as some investors moved money out of the US dollar and government bonds amid the ongoing government shutdown.

It came despite a rainy month – which typically keeps shoppers at home – and a five-day tube strike in London.

The impact of the rain could be seen, however, in the boost to online spending, which rose to one of the highest levels since the end of the pandemic.

A fall was recorded in food shop sales from August to September, signalling a response to high food price inflation.

A good week for the economy?

Retail sales figures are significant as they measure household consumption, the largest expenditure in the UK economy.

Growing retail sales can mean economic growth, which the government has repeatedly said is its top priority.

Earlier this week, another key economic measure came in better than expected.

Inflation remained at 3.8% rather than rising to the widely expected 4% – double the target rate set by the interest rate-setters at the Bank of England.

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Spotify hikes UK subscription prices
Post Office compensation ‘worse than original injustice’

Consumers were feeling better about their finances, a closely watched measure of consumer confidence showed on Friday.

Buying sentiment is up from last month, according to market research company GFK, as intentions to buy big-ticket items like electrical goods and furniture rose.

Combined, it suggests people are not feeling too gloomy in the run-up to the November budget.

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