Price cap in need of urgent reform following energy bill hike August 26, 2022 Energy specialist Cornwall Insight has reignited calls for the price cap to be reformed, after the latest hike in household energy bills this winter.
Energy crisis: Households set for £3,549 price cap this winter August 26, 2022 The energy price cap will rise 80 per cent to £3,549 per year from October, plunging millions of British households into fuel poverty this winter.
Zahawi: Energy price cap rise will cause ‘stress and anxiety’ August 26, 2022 Chancellor Nadhim Zahawi has acknowledged today’s 80 per cent price cap rise will cause “stress and anxiety” as campaigners urge the government to take action. In a move that will concern millions of Brits, this morning it was announced by Ofgem the energy price cap will rise to £3,549 per year from October. The rise [...]
Giving up on net zero could cost the Tories an election August 26, 2022 Energy prices are rising to record levels, and households are understandably worried about how they’re going to pay their energy bills. Some opponents of the net zero target have used this as an opportunity to blame green policies for an increase in global energy prices, despite it being clear that high gas prices are the [...]
Nadhim Zahawi: The next PM will have ready-made options for the energy crisis August 26, 2022 The next Prime Minister will be able to hit the ground running to help people as the cost of living crisis worsens.
EDF adds to calls for deficit fund to prevent millions falling into fuel poverty August 25, 2022 EDF has called for a historic Government intervention to avoid tens of millions of Brits plunging into fuel poverty this winter.
Carbon dioxide shortage: No taxpayer bailout forthcoming this time August 25, 2022 THERE will be no repeat of a taxpayer-backed financial package to tackle the country’s coming carbon dioxide shortage, City A.M. understands. Ammonia producer CF Fertilisers yesterday announced it would be halting production of the fertiliser at its Teesside plant due to too-high energy costs. Carbon dioxide is produced as a by-product of that process and [...]
Soaring inflation risks creating UK property ‘insurance gap’ August 25, 2022 SOARING inflation in the construction sector threatens to create a major “insurance gap” amongst UK policyholders, London headquartered insurer Chaucer has warned. Sharp increases in the costs of building materials could leave homes and businesses underinsured, as policies fail to cover the cost of repairing and rebuilding damaged properties, research carried out by the Lloyd’s of [...]
UK set for another carbon dioxide shortage as fertiliser plant halts production again August 25, 2022 The UK could be set for another carbon dioxide shortage after one of the UK's main producers terminated production due to high energy costs.
Ofgem slaps Shell with fine after it overcharged customers for energy August 25, 2022 Shell Energy's supplier business has been slapped with a hefty fine for overcharging customers on default tariffs.