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price cap

  • A price cap on bread and milk? SNP plan is unnecessary and unworkable

    Opinion

    The SNP has pledged to cap the price of bread but why? Poor people can afford the essentials and supermarket margins are tiny.

    Freshly baked artisan bread with golden crust displayed on a wooden surface, highlighting texture and quality for culinary...
  • Don’t let ticket resale price caps ruin the party this festival season

    Opinion

    Misguided plans to cap regulated resale of tickets for live events will be a gift to unscrupulous touts, says Bob Kupbens The numbers are in – and they’re alarming. Home Office figures just released point to a huge increase in officially reported losses in fraud from ticket sales. And crucially, half of the £1.6m total [...]

    Nowadays, headliners are less of a major part of the festival experience
  • Ofgem: Energy price cap will rise in April

    Energy

    Households will pay an extra £9.25 for their electricity each month from April as Ofgem increases its energy price cap by 6.4 per cent. The price cap – which sets a maximum rate per unit and standing charge that can be billed to customers for their energy use – will rise by £111 for an [...]

    Oil prices have spiked as Israel and Iran ramped up tensions.
  • Ofgem: Energy price cap to rise by £21 to £1,738 a year on average

    November 22, 2024

    The UK’s energy price cap is set to rise by £21 for an average household, taking a standard yearly bill to £1,738, Ofgem has said. The energy regulator opted to announce a 1.2 per cent hike in the cap for the period January to March 2025 – or £1.75 a month, on average. It sets [...]

  • Baby formula price cap could be considered by ministers, regulator says

    November 8, 2024

    The government could consider introducing a price cap on baby formula with the aim of cutting costs for parents, the Competition and Markets Authority (CMA) has said. Parents are left “paying over the odds” for formula milk due to concerns around regulation in the market, the watchdog has said in an interim report into the [...]

  • Ofgem drops retail energy price cap to lowest level in two years in boost for households

    February 23, 2024

    Despite welcoming the price cap drop, Ofgem's head has said there are still "big issues" to be tackled

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