Energy firm bosses could lose bonuses if they ‘break the rules’ in major Ofgem reforms The energy regulator is set to undergo a ‘transformation’ to enable it to enforce quicker compensation for households let down by their suppliers The Independent UK · Apr 21
Regulator to get power to ban energy bosses’ bonuses under reforms Ofgem is to be ‘transformed’ to strengthen consumer protection under the first major update to its scope since it was founded in 2000. Evening Standard · Apr 21
Take excess profits from energy giants to give £183 back to customers, think tank says ‘Billions’ taken by grid giants, ‘that cannot be right’ says IPPR The Independent UK · Apr 21
Household energy bills ‘set to rise by lower-than-first feared 12%’ in July Cornwall Insight said its prediction for Ofgem’s cap from July to September now stands at £1,837 for a typical dual fuel household. Evening Standard · Apr 17
US-Iran war will still hit energy bills despite ceasefire, experts warn Gas prices are ‘likely to stay elevated’ for some time, one consultant said The Independent UK · Apr 8
Thousands of small UK firms’ energy bills set to more than double due to Iran war Companies using heating oil have already begun rationing their fuel use, says Federation of Small Businesses The Guardian - UK · Apr 6
Reeves: Government ‘can’t alleviate every price increase’ from Iran war Chancellor Rachel Reeves said contingency planning was under way to deal with the economic fallout from the Middle East crisis. Evening Standard · Apr 1
Household energy bill drop ‘short-lived respite’ amid fears of July hike Ofgem’s price cap has dropped from £1,758 to £1,641 – a reduction of £117 or around £10 a month for the average household. Evening Standard · Apr 1
Energy bills in Great Britain forecast to hit almost £2,000 a year this summer Consumers brace for ‘awful April’ and Iran war cost hikes, which have pushed UK’s gas market past three-year highs The Guardian - UK · Mar 31
Starmer holds emergency meeting over cost of Iran war as energy bills set to 'rise by £288' in summer Chancellor Rachel Reeves has already indicated that targeted help for poorer households could be available if bills continue to rise Evening Standard · Mar 31
Energy bills predicted to surge by £288 a year from July as rise ‘unavoidable’ Cornwall Insight’s latest forecast for the price cap now stands at £1,929, which is £44 lower than its prediction earlier this month. Evening Standard · Mar 31
Energy bills still forecast to rise nearly £300 in summer, households warned The price cap could hit nearly £2,000 in July, a respected forecaster has said The Independent UK · Mar 31
The grid unlocked: how does a greener power network actually work? The UK’s electricity ‘supergrid’ was built in the 1950s – designed for a different era that was reliant on fossil fuels. Here we explore why in an increasingly connected and electrified world, it needs a radical upgrade The Guardian - UK · Mar 30
Evening Standard · Mar 27 E.On boss calls for energy bills support to be ‘targeted’ as prices set to jump The UK chief executive said he hopes any support package on bills will be directed towards those most in need.
The Independent UK · Mar 24 How to look after your money during the Iran war: Energy bills, savings and pensions From pensions to mortgages to energy bills, here’s what to do now
Evening Standard · Mar 23 Strait of Hormuz closure: 10 ways it could impact your finances The Press Association looks at 10 ways that the disruption to the critical international shipping route could impact people’s finances.
The Independent UK · Mar 23 How the Strait of Hormuz closure could affect your finances Prime Minister Sir Keir Starmer’s official spokesman said the ‘Strait of Hormuz specifically needs to be reopened’
The Independent UK · Mar 20 UK energy bills forecast to rise more than £300 this summer amid Iran crisis Conflict in the Middle East has driven up wholesale gas prices
Evening Standard · Mar 19 Ed Miliband calls for fairness in business energy contracts amid Iran crisis Mr Miliband said pricing needs to be ‘fair, transparent and fully justifiable’.
Evening Standard · Mar 17 Government ‘stands ready’ to support consumers with energy bills Energy minister Michael Shanks told MPs ‘we stand ready to provide whatever support is needed to consumers’.
Evening Standard · Mar 16 Financial help for households reliant on heating oil – who is eligible? Home heating oil is used by around 1.5 million mainly rural households in the UK.
Evening Standard · Mar 16 Trump's war in Iran 'will make London families up to £1,500 worse off' City economist said families will have to pay more for essential bills leaving less for “the more enjoyable things in life”
The Independent UK · Mar 15 Starmer to pledge support for UK’s poorest homes to help with soaring energy bills Vowing to support working people ‘whatever challenges lie ahead’, the PM will use a press conference on Monday to set out support for those facing soaring energy bills
Evening Standard · Mar 13 Reeves drawing up plans to help with energy costs as Iran war continues Chancellor Rachel Reeves will ‘take the necessary decisions to help families with the cost of living and protect the public finances’.