Why help with energy bills could come at a cost
This Is Why
Sky News
4.0 • 552 Ratings
🗓️ 17 March 2026
⏱️ 18 minutes
🧾️ Download transcript
Summary
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.
Transcript
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| 0:00.0 | Sky News, the full story first. |
| 0:09.6 | The Government should think long and hard about another energy handout. |
| 0:16.7 | And this is why. |
| 0:21.3 | Time to thank our partner for this episode, Elevon. |
| 0:24.4 | When you're diving into the worlds of news or sport, |
| 0:27.2 | it's critical to have experts right by your site. |
| 0:30.9 | And similarly in business, |
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| 0:56.6 | Elevon makes taking payments from anywhere in the world a breeze. |
| 1:00.6 | So say goodbye to payment stress and hello |
| 1:02.9 | to focusing on what counts with Elevon. |
| 1:06.1 | Get more info at elevon.com.uk. |
| 1:10.0 | For unlimited all-day travel in London, think TFL. |
| 1:13.2 | With the daily cap fair frozen until March 2027, travel as much as you like on tube, bus, Elizabeth |
| 1:20.8 | line, DLR and overground, knowing you'll never pay any more than £8.90 in zones 1 and 2. |
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| 1:34.5 | Always use the same card of device when touching in and out for full terms and conditions such TFL fare capping. |
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