Cost of living: Keir Starmer set to call for energy price cap freeze BBC Source link
Tag: cap
Energy bills are predicted to top £5,000-a-year next year according to the most pessimistic forecast. Experts from Auxilione, an energy consultancy, warned that regulator Ofgem could set the cap at £5,038 per year from April 2023. They also predict that the cap could reach around £4,400 by January. Meanwhile, energy regulator Ofgem has said: “The […]
New horror predictions from experts have revealed that the energy price cap (annual maximum tariff) could soar to £4,200 by January. With the skyrocketing bills largely due to surging costs of wholesale gas across the globe, the Government has been scrambling to wean the country off this energy source with alternative measures. Heat pumps are […]
The warning comes from experts at independent energy consultancy company Auxilione at a Downing Street meeting earlier today. The news will be devastating for British households who are already struggling to pay average energy bills of £1,971 a year. The energy price cap has already risen from £1,277 to £1,971 this year and have been […]
“Households desperately need to know that sufficient financial support will be provided. If you are behind on your bill payments, or your energy account is going into debt, speak to your provider as soon as possible. “They should be able to help you find a solution, such as working out a more affordable payment plan. […]
Households in the UK could be in for a tough winter as an analysis by Cornwall Insight has predicted that the January Default Tariff Cap on energy bills could reach the equivalent of £4,266 a year for the three months to March 2023. They also found that the price of energy bills for October is set to […]
A Cornish musician has demanded tougher measures on holiday homes such as a higher council tax on second properties to prevent long-established communities from dying out as wages fall behind rushing house prices. The songwriter, Sam believes the expansion of second home ownership in Cornwall has had a devasting social impact and is “destroying a […]
Decentraland, ApeCoin, and The Sandbox are leaders of the Metaverse space. Especially since together, they hold about 40% of the entire market capitalization of Metaverse tokens. With the broader market’s cues turning bullish, these cryptocurrencies were bound to be affected. In fact, led by the Decentraland, their rise pushed the sector’s market cap above $15 […]
The goal of the Don’t Pay UK movement is to stop Ofgem’s hike to the price cap through the threat of “mass non-payment” from energy customers across the UK. Aquayemi-Claude, 24, has signed up to the Don’t Pay UK movement after coming across it on social media. Thousands of others have also discovered the campaign […]
Citing the forecast that energy bills will exceed £3,600 in the New Year, the pensioner expert warned of the dangers posed by such a price hike during one of the coldest months in the year. She added: “We are very concerned that a January price rise will hit consumers with a bill increase during the […]