Why an energy bailout will cost us long term

Sir Keir Starmer is promising help for working people whose energy bills are going up because of the Iran war. The last energy bailout after Russia's full-scale invasion of Ukraine cost £40bn, and on top of the costs of support during the COVID pandemic it means the UK's national debt is now around 100% of GDP. Repaying that debt costs as much as the education budget. With a new YouGov poll for Sky News suggesting that people overwhelmingly back energy prices being reduced for all households, Niall discusses who would pay for an energy bailout with Sky's data and economics editor Ed Conway. Have you got a question for the team? Email the show – [email protected] Follow This is Why, available for free here: https://podfollow.com/thisiswhy Follow Niall on Instagram: https://www.instagram.com/skynewsniall Follow Niall on X: https://twitter.com/skynewsniall SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on X: https://twitter.com/skynews Like us on Facebook: https://www.facebook.com/skynews Follow us on Instagram: https://www.instagram.com/skynews Follow us on TikTok: https://www.tiktok.com/@skynews For more content go to http://news.sky.com and download our apps: Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB Listen to our new podcast This is Why, available for free here: https://podfollow.com/thisiswhy To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales