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The Latest Breaking News from Cornwall Insight

Ofgem confirms price cap to be updated quarterly ahead of 'challenging winter'

OFGEM has confirmed that the energy price cap is to be updated quarterly, rather than every six months, as it warned customers face a “very…

The National (Scotland)

Martin Lewis' MSE's urgent £3,600 payment warning to everyone in the UK

MSE says people don't have long left to act if they want to avoid a sky high pay out

Manchester Evening News

Britons could be told about neighbours’ energy usage so they can save money on bills

The typical household’s energy bill will be well over £3,000 a year for the next 15 months, analysts have said

The Independent UK

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Energy bill breakdown - what you're really paying for as price cap could hit £3,600

Two-thirds of your energy bill goes on actual gas and electricity, with the rest of it paying for things like tax, handling failed energy providers and sending out bills

Daily Mirror

Struggling households urged NOT to turn off common kitchen appliance to save money

Cornwall Council has issued a warning to its residents after a food bank said struggling families have been switching their fridges off - but this could end up giving you food poisoning

Daily Mirror

Energy bill costs expected to remain at record-high levels throughout 2023

Cornwall Insight said the price cap on energy bills will hit a staggering £3,359 per year from October, rising to £3,616 in January and £3,729 from April 2023

The Independent UK

Warning that energy bills could hit £3,615 this winter

There have also been calls for the government's support package to be increased to help struggling households

Manchester Evening News

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Energy bills warning as costs could soar to £3,616 with worrying price cap predictions

The cost of household gas and electricity is expected to rise by £1,388 in October, with a further hike of £257 in January, with the average energy bill costing in excess of £3,000 for the entirety of 2023.

Chronicle Live

Energy bills set to stay above £3,350 until at least 2024, experts warn

Households will be facing big bills for at least another two years, it is predicted

Wales Online

UK energy bill cap rise forecasts for October and January rise by hundreds of pounds, again

Standard bills for gas and electric are set to jump by more than previously forecast in autumn and the New Year, Cornwall Insights says

Chronicle Live

Warning energy bills could hit £3,616 this winter as price cap predictions get worse

The cost of gas and electricity is now predicted to soar by £1,388 in October and another £257 in January, with the average energy bill staying above £3,000 for all of next year

Daily Mirror

Energy experts warn households face 'devastating' bills of more than £3,600 this winter

Cornwall Insight also predicts soaring gas and electricity bills will be around until 2024.

Daily Record

Energy bills in Great Britain ‘could hit £3,600 a year this winter’

Government’s £400 discount not enough to offset soaring bills and households may need more help, says analyst

The Guardian - UK

BP reports almost £7bn profit as energy prices soar

BP faced a backlash on Tuessday after the oil and gas giant reported near-£7 billion profits between April and June as it cashed in on soaring energy costs.

Evening Standard

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Wales Online

Energy bills now forecast to hit £3,615 by winter amid cost-of-living crisis

Hundreds of pounds more than previous predictions

Wales Online

Martin Lewis' three tips to make savings as he warns cost of living crisis is set to 'climax in catastrophe'

Bills could hit an average of £3,300 this winter

Edinburgh Live

Martin Lewis gives urgent energy advice ahead of bills soaring again in October

With energy bills projected to rise drastically in the coming months due to the increasing price cap, financial expert Martin Lewis has revealed how people can mitigate the impact on their finances

Chronicle Live

Martin Lewis offers urgent advice after warning that energy bills could soar by 65% in October

The financial guru warns that the country is headed for an 'energy bill disaster', but has set out a helpful plan to help ease the pressure.

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Nottingham Post

Martin Lewis issues 'catastrophe' warning as huge energy bill price hike predicted

But there are measures we can start to take now

Daily Mirror

Martin Lewis issues urgent energy advice as bills set to soar 65% in October

MSE founder Martin Lewis says the country is heading for "energy bill disaster", but laid out what households should expect in October and what to do about rising costs

Daily Record

How soaring inflation will affect your household budget and spending over the next few months

The rate of inflation rose from 9.1% in May to 9.4% in June.

Daily Record

Martin Lewis issues stark warning over 'financial time bomb' set to hit the UK in September

The consumer champion urged Tory leadership candidates to act now before it ‘explodes’.

Daily Record

Martin Lewis shares new energy fix 'magic number' which could help households beat £3,245 October price cap

Cornwall Insights predicts a 64% hike on Ofgem’s current cap of £1,971 in just 11 weeks time.

Daily Record

Martin Lewis warns people on State Pension will lose one third of annual benefit to pay energy bills

Energy experts predict the October price hike will rise by 64% to £3,245.

The National (Scotland)

UK energy bills set to reach over £3,300 annually by winter

ENERGY bills in the UK could reach over £3,300 annually by this Winter as the cost-of-living crisis continues, research firm Cornwall Insight has…

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