The Latest Breaking News from Ofgem

Energy regulator Ofgem announced its price cap will rise to £3,549 for those on default tariffs paying by direct debit, up from the current figure of £1,971, sparking protests outside Parliament

Cybercriminals are using the rocketing rates of inflation as a way to target those who are most vulnerable

HOUSEHOLDS across the UK will be facing the very grim reality of not being able to afford their energy bills this winter following Ofgem’s price…

Martin Lewis' forecast predicts the energy cap to £5,386 in January 2023, as the £3,549 October 2022 rate will only be in place for three months

The consumer champion warned that bills will be "unaffordable" during the winter months amid a worsening cost of living crisis in the UK

Industry groups and opposition politicians call for immediate action to help consumers and businesses

Fuel bills “devastating” for many admits Ofgem

Ofgem has confirmed an 80.06% rise in the cap.

It comes as Ofgem has announced a staggering 80% rise to its energy cap

'That is clearly a death sentence for many people who are already struggling'

The cap will come into effect for around 24 million households in England, Scotland and Wales on default energy tariffs on October 1, and will remain in place until December 31, when it will be adjusted again.