GB News issues breaking news alert and it’s set to be ‘crisis’ for 𝘒𝘦𝘪𝘳 𝘚𝘵𝘢𝘳𝘮𝘦𝘳

GB News issued a news report which could spell bad news for the Prime Minister.

𝘒𝘦𝘪𝘳 𝘚𝘵𝘢𝘳𝘮𝘦𝘳 emergency energy support package has been branded a looming economic disaster (Image: GB News)

𝘒𝘦𝘪𝘳 𝘚𝘵𝘢𝘳𝘮𝘦𝘳’s emergency energy support package has been branded a looming economic disaster by a GB News expert, who warned Britain could be “heading for another bond crisis.” During a fiery segment on the channel, journalist Ross Clark tore into the Prime Minister’s £53 million pledge to help households that rely on heating oil, questioning whether more subsidies could destabilise the energy market and public finances.

Clark said: “We could be heading for another bond crisis,” as he reacted to Starmer’s latest intervention. The criticism comes after the Prime Minister unveiled the funding at a Downing Street press conference, insisting his “top priority” was helping working people through soaring living costs linked to instability in the Middle East. Starmer announced the £53 million package as “immediate support” for vulnerable families who use heating oil — many of whom live in rural areas not connected to the gas grid — amid fears global conflict could push fuel prices sharply higher.

Starmer announced the £53 million package as “immediate support” for vulnerable families (Image: Getty)

Critics say the package barely scratches the surface of the problem facing the roughly 1.2 to 1.7 million UK households that rely on heating oil — many of them in rural areas where homes are often poorly insulated and prices have surged dramatically.

Ross Clark warned the market is largely unregulated and families are already being hit hard, explaining that oil costs have “more than doubled” in recent weeks, with some suppliers cancelling orders only to offer refills at far higher prices.

He noted households with storage tanks can buy in summer to avoid winter spikes — but stressed many are currently “suffering a lot of pain.”

Clark also cautioned that if Middle East tensions disrupt global gas supplies — particularly shipments from Qatar — bills could soar again as they did in 2022 once current price protections expire.

Most starkly, he warned that broader subsidies could spook financial markets, saying: “£53 million for targeted help for oil consumers that’s one thing but if we’re gonna get to a situation where the government‘s gonna cap all our energy bills and subsidise them then we could be heading for another bond crisis.”

Pressure on the Prime Minister intensified after he was challenged over Dоnɑld Tгuмρ’s demand for Royal Navy warships to help secure the Strait of Hormuz — a crucial oil and gas route reportedly being threatened by Tehran.

Sir 𝘒𝘦𝘪𝘳 𝘚𝘵𝘢𝘳𝘮𝘦𝘳 said Britain was working with allies on a “viable plan” to reopen the passage but admitted any solution was not “straightforward”.

TUC General Secretary Paul Nowak said: “Working people are being hit with a Dоnɑld Tгuмρ-made cost of living crisis. It’s right that the Prime Minister has acted quickly to support those most acutely affected by rising energy prices.

“This illegal war and ongoing chaos will continue to threaten living standards. More support will likely be needed to stave off ‘Trumpflation’.

“The Prime Minister is right to call for rapid deescalation in the Middle East. The Government must stand ready to pull out all the stops and shield households and firms from this global shock.”