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The Latest Breaking News from Ofgem

How long new £3,549 energy cap will last - and when it will rise again

Martin Lewis' forecast predicts the energy cap to £5,386 in January 2023, as the £3,549 October 2022 rate will only be in place for three months

Chronicle Live

Martin Lewis says some people could soon be paying £10k A YEAR on energy on Good Morning Britain

The consumer champion warned that bills will be "unaffordable" during the winter months amid a worsening cost of living crisis in the UK

Manchester Evening News

Energy price cap to rise more than 80% to £3,549 from October

Industry groups and opposition politicians call for immediate action to help consumers and businesses

Insider UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Deep recession coming unless government acts on fuel bills, warns City

Fuel bills “devastating” for many admits Ofgem

Evening Standard

Energy price cap rise must be cancelled – Sturgeon

Ofgem has confirmed an 80.06% rise in the cap.

The Independent UK

Martin Lewis issues £10,000 energy price cap warning

It comes as Ofgem has announced a staggering 80% rise to its energy cap

Liverpool Echo

Latest huge energy price cap increase slammed as 'disgusting' and an 'absolute joke' by angry M.E.N. readers

'That is clearly a death sentence for many people who are already struggling'

Manchester Evening News

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Energy price cap hiked to more than 80% to £3,549 from October 1 as costs soar

The cap will come into effect for around 24 million households in England, Scotland and Wales on default energy tariffs on October 1, and will remain in place until December 31, when it will be adjusted again.

Edinburgh Live

‘Armageddon’: Energy price hike will ‘cost lives’ and leave children hungry, charities warn Tory candidates

People will die from 80% price rise without more support, Liz Truss and Rishi Sunak told

The Independent UK

What does the energy price cap mean for you?

Rising global gas prices causing dramatic increase to household bills in 2022

The Independent UK

Martin Lewis gives raw and emotional interview as he issues price cap warning to everyone in UK

He has warned 'people will die' this winter because they can't afford to pay their energy bills and branded the rise a catastrophe

Wales Online

How Rishi Sunak and Liz Truss have pledged to help with soaring energy bills

The new Prime Minister will need to take 'urgent action' to help those struggling, Ofgem’s chief executive has warned

Manchester Evening News

Energy bills could hit £6,616 next year - meaning you could pay £550 per month

Cornwall Insight is now predicting the Ofgem price cap could hit £5,386.71 in January, before rising again to £6,616.37 in April, in more bleak news for families

Daily Mirror

Martin Lewis issues dire warning as Ofgem raises energy price cap by 80 per cent

ENERGY regulator Ofgem confirmed that the average household’s yearly bill would rise from £1971 to £3549 from October ...

The National (Scotland)

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Wales Online

What is the energy price cap and how to check if it affects you

Energy regulator Ofgem has confirmed today that bills can rise up to £3,549 from October after it raised the energy price cap

Daily Mirror

Next PM must take 'urgent action' to tackle 'national emergency' energy bill rise

Likely next PM Liz Truss has been warned that 'lives will be lost' without immediate Government support as Ofgem confirmed the energy price cap would hit £3,549 in October

The Independent UK

Cost of living: Who gets the £400 energy rebate and winter fuel payment?

Households will start receiving money off their energy bills from October

The Independent UK

How to get the £300 cost of living payment for pensioners

Older people will receive further money off their energy bills this autumn

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Chronicle Live

Energy bills to soar for millions as Ofgem confirms price cap will rise to £3,549

The energy price cap will increase from the current £1,971 to £3,549 from October 1, the regulator announced on Friday morning

AFP

UK nearly doubles energy price cap in cost-of-living crisis

London (AFP) - Britain announced Friday a vast 80-percent hike in electricity and gas bills, in a dramatic worsening of the cost-of-living crisis before winter as the UK awaits a new leader.

The Independent UK

Cost of living: How to cope with the rise in prices

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

Manchester Evening News

Government issues statement following latest devastating Ofgem price cap announcement

The government claims that the increase in the energy price cap is due to global events driving up worldwide gas prices

Liverpool Echo

Energy cap: Chancellor blames Putin for price hikes that will plunge families into poverty

Households are being warned of a 'dark winter' ahead

Liverpool Echo

Thug broke girlfriend's jaw, energy cap price hike and detectives look at local gangs

These are the latest ECHO headlines on Friday, August 26

Evening Standard

FTSE 100 Live: Jerome Powell hawkish in Jackson Hole speech, Energy price cap jumps 80%

Stocks fell on Wall Street as US Federal Reserve chair Jerome Powell gave a hawkish address at the Jackson Hole economic policy symposium in Wyoming.

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