Energy bills could rise to £4,400 in January, analysis shows

Energy bills could rise to £4,400 in January, analysis shows

T he cap on energy bills might soar by several hundred pounds more than nightmare forecasts predicted earlier this week, new analysis has shown. In a provisional forecast, experts at energy consultancy Auxilione predicted the price cap on energy bills could reach £3,687 in October – close to double today’s already record levels. In what … Read more

Energy watchdog boss says people should NOT join Don’t Pay movement

Energy watchdog boss says people should NOT join Don’t Pay movement

Energy watchdog urges people NOT to join boycott of gas bill payments amid fears that thousands will refuse to pay this winter and cause chaos Don’t Pay has urged people to cancel their direct debit payments from October 1 Ofgem CEO Jonathan Brearley spoke on BBC Radio 4’s Today programme It comes as price cap will … Read more

Energy bills cap could hit about £4,400 in January, analysis shows

Energy bills cap could hit about £4,400 in January, analysis shows

T he cap on energy bills might soar by several hundred pounds more than nightmare forecasts predicted earlier this week, new analysis has shown. In a provisional forecast, experts at energy consultancy Auxilione predicted the price cap on energy bills could reach £3,687 in October – close to double today’s already record levels. In what … Read more

Ofgem Has Changed Its Energy Cap Policy Again. Here’s Why It Matters

Ofgem Has Changed Its Energy Cap Policy Again. Here’s Why It Matters

Energy regulator Ofgem has confirmed a major policy change today which could impact your bills, yet again. Now the price cap will be updated quarterly (every three months) instead of every six months, in a bid to prevent large-scale disruption. The cap was set out in law in 2018, and reflects the maximum suppliers can … Read more

Martin Lewis says hopefuls ‘must tackle cost of living crunch’ to avoid ‘financial cataclysm’

Martin Lewis says hopefuls ‘must tackle cost of living crunch’ to avoid ‘financial cataclysm’

Hopefuls ‘must tackle cost of living crunch’ to avoid ‘financial cataclysm’, Martin Lewis says The money campaigner released a video aimed at Tory leadership candidates He accused them of ignoring ‘time bomb’ of rising energy prices and inflation Mr Lewis warned of civil unrest and mass non-payment of bills By Lucy White Chief City Reporter For … Read more