The Latest Breaking News from Ofgem

What you need to know

Millions of households will see their energy bills frozen at around £2,500 a year for a period of two years under Government plans that come into force later in 2022

Together with an Energy Bills Support Scheme of £400, today's announcement means the average bill will be £2,100 over the next year. Here's what it means, why fracking is restarting - and how it's a bill for your grandchildren

The Ofgem price cap is being replaced by a new "Energy Price Guarantee" which will cap bills at £2,500 a year on average for someone with typical use - but not everyone will benefit as it stands

The Government has unveiled a massive energy bill discount scheme that will cap bills for two years, but many homes have fallen through the cracks

New Prime Minister Liz Truss today announced energy bills will be capped at £2,5000 a year from October, in addition to the £400 payment promised by former Chancellor Rishi Sunak - MoneySavingExpert founder Martin Lewis summarised what this means for you

Liz Truss announced a two year freeze on energy bills for households.

New Prime Minister announces major package of measures to address bills crisis facing the country

Millions of Britons are struggling as the price of everything soars amid rising energy prices and inflation. Kate Ng turns to financial experts for advice on how to deal with it all