Grand gesture needed: SP boss seeks Johnson action to solve “truly horrific” crisis

Government intervention to cut £1,000 off Britain’s soon-to-rocket home fuel bills is needed, the CEO of Scottish Power urged today. Keith Anderson toured broadcast studios...

Fuel poverty becoming “a national health emergency”, NEA chief warns energy campaigners

Britain’s shame as table-topper of Europe’s worst insulated homes is already causing a health emergency of mental health stress and respiratory diseases, London campaigners...

“Horrific” October price surge will threaten mental health, Martin Lewis’s charity tells suppliers

Money-saving expert Martin Lewis' charity linking depression and debt today urges energy retailers to step up support for vulnerable customers during Britain’s long energy...

Sunak plans California holiday, as energy hikes lead ‘unprecedented’ cost of living crisis

Under-fire millionaire Chancellor Rishi Sunak was today reportedly contemplating an Easter break in California with his billionaire wife, on the morning that 54% energy...

CRISIS: Every quarter given: Ofgem doubles frequency of price cap review

Ofgem today committed itself to three-monthly reviews of the default retail price cap, doubling their half-yearly frequency. The move will take effect after the...

Sunak reacts to Ofgem’s “once in 30-year event”, as cap on energy bills rockets...

The new default price cap on home energy bills will rise 54% in April to £ 1,971, regulator Ofgem announced this morning.    The...

BREAKING: Ofgem to announce new Price Cap tomorrow, Thursday 3 February at 11:00am

Ofgem this morning confirmed it will release tomorrow at 11:00am its new calculation of the default Price Cap on retail tariffs for domestic energy. Industry...

Crisis: Without market redesign, expensive gas could ‘continue beyond 2030’, Cornwall predicts

Respected energy analysts Cornwall Insight today found themselves at odds with Britain’s embroiled prime minister, as they revealed research predicting that volatile gas prices...

Crisis latest: Kwarteng stands by price cap, downplays government relief on bills before March

Energy secretary Kwasi Kwarteng today re-stated his commitment to a continuation of the default price cap, urging energy customers and retailers to bide their...

Citizens’ Advice: Single grant needed this April, to stave off bills taking “generationally high”...

This spring's expected near-50% hike in the retail energy price cap will put £700 per year more on default tariffs, hitting Britain’s poorest hardest,...

Crisis: Gas hike set to outlast “temporary” Johnson, as Centrica and Ovo moot green respite

Britain’s head of government, confessed attender at a No 10 lockdown party and late apologist for insulting the conscientious, suffered further humiliation today, as...

Crisis latest:  Windfall tax on oil majors, say Labour: Keep Net Zero measures & tax carbon,...

The ‘temporary’ energy price crisis of suspected No.10 party-attender and beleaguered premier Johnson has ground on into its fourth month, with an appeal from...

Gas crisis: Energy companies float CfD variant as solution

Energy suppliers are asking the government to launch a variant on contracts for difference (CfDs) as a way of spreading the rocketing costs of...

Cornwall un-sunny on price cap: “Expect 46% rise for next summer, & winter 2022...

Analysts at respected consultants Cornwall Insight are forecasting the default price cap for home energy tariffs covering summer 2022 will shoot up to approximately...

Kwarteng to ‘refresh’ Energy Retail Market Strategy

Hard on the heels of Ofgem’s financial stress tests taking effect next month on UK retailers, the government has said it will review its...

Suppliers’ finances stress-tested from January, as Ofgem reacts to 2021’s slaughter

Energy retailers surviving this year’s cull of 26 suppliers to date must from January prove their financial strength to Ofgem's scrutineers, under today’s toughening...

Ofgem’s ’decade of lax oversight’ leaves consumers on hook for billions, Citizens Advice charges

Britain's energy regulator failed to act against unfit energy suppliers for nearly a decade, leaving the market vulnerable to this year’s spike in wholesale...

Ofgem’s five elements to reform the Price Cap

Britain’s power regulator this morning opened as promised a month of consultations on how to overhaul the retail price cap, after weeks of its...

Ofgem to consult in November on Price Cap reform

Britain’s energy regulator will consult in November on reform to the Price Cap mechanism regulating energy sales to 15 million UK domestic consumers. Ofgem wrote...

Kwarteng seeks to calm energy chiefs, as Price Cap’s architect calls for its overhaul

Beleaguered energy secretary Kwasi Kwarteng won the support of Britain’s power bosses today, reassuring them that vulnerable consumers would be continue to be protected,...