Ofgem has said the energy price cap will likely rise again by almost £1,000 in October
The regulator is expecting the cap in October to be "in the region of £2,800", Ofgem chief executive Jonathan Brearley told the Business, Energy and Industrial Strategy Committee.It follows an increase of £693 in April 2022, meaning prices have more than doubled in just over six months.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
An unusual octagon-shaped house is on the market for £1.4millionOn the hunt for a unique property? Well, a house shaped like an octagon has now come on the market. Just be ready to fork up £1,400,000 for it.
Read more »
Stacey Solomon makes surprising upgrade to £1.2million wedding venueLoose Women star Stacey Solomon and fiancé Joe Swash are set to marry at their Essex home. Stacey gave fans an update on the major change she made to the garden at their wedding venue.
Read more »
Energy boss warns bills could soar to £3,000 a year at price cap rise in OctoberE.ON Chief Executive Michael Lewis said predictions that the annual energy price cap could rise to between £2,600 and £2,800 in October were in the 'right ballpark'
Read more »
State pension panic: £2,600-a-year energy bills due in October – over a quarter of incomeENERGY BILLS of up to £2,600-a-year are due to hit in October, amounting to more than a quarter of the state pension.
Read more »
Food and energy billionaires $453bn richer than two years ago, finds OxfamWhile elite gather in Davos, charity calls for wealth tax after rich benefit from soaring energy and food prices
Read more »
Food and energy billionaires $453bn richer than two years ago, finds OxfamWhile elite gather in Davos, charity calls for wealth tax after rich benefit from soaring energy and food prices
Read more »