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Energy

  • Martin Lewis apologises for sweary rant after branding Ofgem changes a “f******g disgrace”

    May 16, 2022

    Martin Lewis has apologised for "losing his rag" during a furious rant to Ofgem over proposed changes to the energy sector.

  • Ofgem boss: Expect even higher energy bills this winter

    May 16, 2022

    Energy prices will rise again in October, putting more pressure on struggling households, warned Ofgem boss Jonathan Brearley.

  • Ofgem proposes price cap shake-up which could see energy bills rise four times a year

    May 16, 2022

    Energy users could see their household bills fall faster, with Ofgem one step closer to a major revamp of the consumer price cap.

  • Road tax ‘fairer and more popular than fuel duty’

    May 15, 2022

    SMF calls for fuel duty to overhauled, and suggest a levy based on miles driven, which would be 'fairer' and more 'popular'.

  • Kwarteng pushes for gas to be classified as ‘green investments’

    May 15, 2022

    Kwasi Kwarteng is looking to classify as natural gas as a 'green investment' in a bid to ramp up North Sea production in line with government aspirations.

  • Energy watchdog backs carbon storage with licensing round plans

    May 15, 2022

    The UK's fossil fuel watchdog has unveiled plans for licensing rounds to support carbon storage as it aims to reach net zero goals.

  • Spain and Portugal target price cap for natural gas to combat skyrocketing inflation

    May 15, 2022

    Spiralling inflation has triggered a fresh round of state intervention in Europe, with both Spain and Portugal setting up price caps for gas trading.

  • Kwarteng: Nuclear power will add less than £1 per month to energy bills

    May 13, 2022

    Kwasi Kwarteng took to Twitter to explain ramping up nuclear power will add less than £1 per month to energy bills during the construction phase.

  • Brits cut back on petrol and diesel as cost of living crisis deepens

    May 13, 2022

    Brits are cutting back on petrol and diesel as they reduce the number of car journeys they make to save cash, revealed Ascona Group.

  • Oil bodies downgrade demand expectations as lockdowns and inflation bite

    May 13, 2022

    Leading oil bodies have downgraded expectations for crude demand this year, amid continued volatility in the market.

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