Energy bills to rise further to help suppliers pay off bad debts Energy Ofgem said it is proposing a one-off price cap adjustment of £16, equivalent to around £1.33 a month, to be paid between April 2024 and March 2025.
More support with energy bills unlikely this winter, admits Grant Shapps ENERGY Grant Shapps has warned households are unlikely to receive fresh support from the government this winter for their energy bills.
Iceland blames Russian war for whopping £95.7m energy bill retail Iceland, the frozen food supermarket, has blamed a “global surge” in wholesale prices following the war between Russian and Ukraine for its hefty £95.7m energy bill in the year to March. The value grocery chain, which specialises in frozen processed food, said that forking out for the “wholly unprecedented” charge led to a £35m loss [...]
JD Wetherspoon: Sales rise but Tim Martin warns of energy bill pain November 8, 2023 JD Wetherspoon said it has plans to invest £70m into its current sites as it looks to revamp staff rooms, changing rooms, glass racks above bars and air conditioning.
Electioneering isn’t going to help bring down Britons’ energy bills October 16, 2023 Party conference season is over, but it looks like Labour and Conservative are set to stay on a campaign footing until the next election.
Cornwall Insight: Don’t expect energy bills to ease this winter July 4, 2023 Energy bills will remain near double pre-crisis levels, suggests Cornwall Insight in its latest price cap forecasts.
Energy bills expected to fall £150 a year from October, say analysts August 18, 2023 The amount that an average household is expected to pay for its energy bills will fall by around £150 per year from the start of October, according to a new forecast. Ofgem’s next price cap, which will be announced on Friday next week, will drop to around £1,925, according to the latest forecast from Cornwall [...]
Inflation: Falling energy bills and price cap helps drive down prices August 16, 2023 Falling energy costs are taming once rampant inflation rates, with the consumer price index rising at its lowest rate since last February.
Budget: Childcare support and energy bills on Hunt’s to-do list March 12, 2023 Ending the prepayment meter penalty on energy bills and boosting childcare support for the poorest parents are among measures set to be announced in the spring budget. Chancellor Jeremy Hunt this weekend confirmed households on prepayment meters will no longer pay more than people on direct debits, as of July 2023. Energy security secretary Grant [...]
More energy bill support for households will be needed this winter, Cornwall Insight warns July 27, 2023 The government should bring in fresh measures to provide support for customers, warned forecasting group Cornwall Insight.