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The Latest Breaking News from Ofgem

Ofgem increases price cap as winter fuel payments are withdrawn for millions

Charities have reacted angrily to the rise while the boss of Octopus has suggested pensioners struggling to heat their homes should consider using electric blankets to keep warm

The Independent UK

Household energy bills to rise again in January as cold weather grips UK

Typical household bill will increase from £1,717 to £1,738-a-year, or around £1.75-a-month, from January 1

Evening Standard

Ofgem confirms household energy bills will rise again in January

The regulator has raised its price cap from January 1 in response to increasing wholesale energy costs faced by suppliers.

The Independent UK

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Average annual energy bill to rise to £1,738 in Great Britain from January

Increase in energy price cap by Ofgem follows 10% rise for current quarter, heaping more pressure on households

The Guardian - UK

UK private sector is contracting as firms give ‘thumbs down’ to the budget, hitting pound – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Households set to learn energy bills to rise again from January

Cornwall Insight expects Ofgem to reveal on Friday that the typical household’s energy bill will rise by 1%, or £19, to £1,736 from £1,717 in January.

Evening Standard

E.ON must pay £14.5m to prepayment customers after billing failures

Ofgem says nearly 250,000 customers will each receive average of £144 in compensation and refunds

The Guardian - UK

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Eon Next pays out £14.5m for ‘unacceptable’ pre-payment meter billing failures

Around 250,000 customers are set to receive £144 each on average after being impacted by Eon Next’s billing system error.

Evening Standard

Energy bills could rise from new year in surprise hike, analysts warn

Energy prices have been kept high by tensions in Ukraine and the Middle East, plus rising wholesale gas prices

The Independent UK

‘Happy hour in reverse’: where dynamic pricing may creep further

After the Oasis ticket row, experts say fluctuating charges could become the norm in other industries

The Guardian - UK

Energy bills set to 'rise again in January' despite hopes of lower price cap

THE Ofgem energy price cap does not set the maximum a household will pay for their energy but limits the amount providers can charge them per unit...

The National (Scotland)

Energy price cap ‘set to rise in January’, dealing blow to hopes of a cut

Cornwall Insight said it expects Ofgem to reveal on Friday that the typical household’s energy bill will rise by 1%, or £19, to £1,736 from January 1.

The Independent UK

Energy price cap ‘set to rise in January’ as UK gripped by cold snap

Cornwall Insight said it expects Ofgem to reveal on Friday that the typical household’s energy bill will rise by 1%, or £19, to £1,736 from January 1

Evening Standard

Britons warned to expect ‘disappointing’ rise in energy bills in January

Price cap for Great Britain forecast to rise to £1,736 a year for average dual-fuel bill, according to Cornwall Insight

The Guardian - UK

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The National (Scotland)

UK Government confirms review of smart meter roll-out as Scots hit with issues

THE UK Government has confirmed it will undertake a review of the roll-out of smart meters ...

The Independent UK

NatWest blocks employees from using WhatsApp and Facebook Messenger

Companies in the UK and US have began receiving fines for using messaging services such as WhatsApp and Facebook for work communications

The National (Scotland)

Ofgem approves subsea electricity cable between Scotland and Northern Ireland

A SUBSEA power line between Scotland and Northern Ireland has been given the green light ...

The Independent UK

Subsea electricity links between UK and Europe approved

The undersea power lines will help Britain export more clean energy from its wind farms over the coming decade.

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The Guardian - UK

Subsea cables to help Britain meet green energy goal get green light

Ofgem gives green light to five interconnectors capable of powering millions of homes

The Independent UK

Would you be covered if you had a sudden dip in income?

Support is available for people finding their finances unexpectedly sliding off track.

The Guardian - UK

Gridlock: why it can take 11 years to connect solar farms to the UK network

Companies are waiting up to 14 years for connections, leading some to revise net zero targets

The National (Scotland)

How to claim an Ovo electric blanket as energy price cap rises

TWO energy providers are handing out free electric blankets as the Ofgem price cap has risen for the winter...

The Guardian - UK

Starmer urged to help households as energy bills rise by £149 a year

Resolution Foundation research shows 7.7m households likely to struggle to heat homes this winter

The Independent UK

Millions of households told to take action by end of the day before energy price hike

Millions of pensioners are also facing a winter with less support

The National (Scotland)

Five big money changes coming in October, from energy bills to the Budget

These are the major changes coming in October you need to be aware of.

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