British gas has agreed to take on the business of collapsed provider Together Energy, a total of 176,000 customers.
Continue ReadingMillions of households will face a further punishing hike in their gas and electricity bills in October, with the latest projections suggesting the…
Continue ReadingPoor Households Could Spend Half of Their Income on Energy, Charity Warns
Written by Lauren Smith in Household & Bills
Soaring gas and electricity bills could eat up more than half of some households’ incomes, leaving some at risk of not eating and…
Continue ReadingEnergy Bills to Take up “Generationally High” Portion of Benefits, Citizens Advice Warns
Written by Lauren Smith in Household & Bills
Consumer champion Citizens Advice is urging the government to provide a one-off grant to families this April to offset energy bills that will…
Continue ReadingBoris Johnson has dismissed removing the 5% tax on domestic gas and electricity bills as a blunt instrument, saying he favours targeted support…
Continue Reading6m Households Could Struggle with Fuel Poverty after Price Hike
Written by Lauren Smith in Household & Bills
A looming energy bill hike could increase fuel poverty to the highest level on record this spring unless the government intervenes to spread…
Continue ReadingKwarteng’s Crisis Talks with Energy Bosses Yield No Result
Written by Lauren Smith in Government Policy
Business secretary Kwasi Kwarteng’s crunch meeting with the chief executives of Britain’s largest energy companies, called as wholesale gas prices continue to spiral,…
Continue ReadingTreasury Will Get £3.1bn Windfall from Rising Energy Prices
Written by Lauren Smith in Government Policy Household & Bills
The Treasury will collect an additional £3.1 billion in VAT due to the sharp rise in energy prices this year, a windfall the…
Continue ReadingWith the retail energy market in chaos, the government is pausing plans announced over the summer to automatically move households to cheaper tariffs.
Continue ReadingEnergy Suppliers to Face New Stress Tests After Cascade of Failures
Written by Lauren Smith in Energy Suppliers
From January energy suppliers will face a series of financial stress tests, as Ofgem moves to shore up a sector rocked by dozens…
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