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The Latest Breaking News from Ofgem

UK energy price cap to hit £3,549 as bills rocket by £1,578 for 24million homes

Ofgem has announced that 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 - as the cost of living crisis deepens

Daily Mirror

Ofgem raises energy price cap by 80% to £3,549 from October

Increase will pile more pressure on government to announce further support for households this winter

The Guardian - UK

Five cost of living crisis plans to help households get by this winter

Brits are finding out today how high energy prices are set to get with Ofgem announcing a revised cap, while across the political divide different proposals are being put forward to tackle the crisis

Daily Mirror

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Energy price cap: Zahawi urges people to cut back on use as charity warns bills could ‘wipe out incomes’ – as it happened

Chancellor says ‘we should all look at our energy consumption’ as charity issues warning over ‘stratospheric energy bills’

The Guardian - UK

Brits warned energy bills could be higher than mortgage payments in months

Soaring energy bills may soon be more expensive than household mortgage repayments, according to a consultancy firm, as annual costs are forecasted to double to an eye-watering £6,823

Daily Mirror

Friday briefing: How high energy bills make life harder for those ‘on the edge’ – in their own words

In today’s newsletter: With price cap expected to reach £3,500, we hear from those with the least to spare on how they will cope

The Guardian - UK

Warning over fake Ofgem email about energy bill rebate scheme

With many expecting support from the government to help with the cost of living, they may be easily misled by scammers

Liverpool Echo

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Scots to protest outside Ofgem's Glasgow office as it reveals price cap rise

CAMPAIGNERS from across Scotland will join forces today for a protest outside Ofgem’s Glasgow offices, demanding action to tackle rises to…

The National (Scotland)

Families will find out extent of mammoth winter energy bills today

But it is expected everybody will have to wait for the new prime minister to be in place on September 5 for details on what Government help might be available

Wales Online

Liz Truss vows ‘decisive action’ on soaring energy bills – but does not commit to extra payments

Tory frontrunner acknowledges the strain is ‘clear’

The Independent UK

What happens if you don't pay your energy bill? Your options explained as prices continue to soar

114,000 people have pledged to cancel their direct debits - but refusing to pay could have serious consequences

Wales Online

Labour ‘underestimating cost of freezing energy bills by up to £8bn’

Full Fact claims the party’s £29 billion proposals do not take into account that people use more energy in the winter.

The Independent UK

Britons blame Government more than energy firms for energy crisis – poll

Almost half of people who took part in a survey blame ministers for “failing to prepare and prevent” the huge rise in energy bills.

The Independent UK

Energy price cap: what is it, when is the announcement, and what support is available?

Experts are forecasting an even bigger rise than the 54% increase in April

Wales Online

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Wales Online

Martin Lewis explains who is making 'big money' during energy crisis

Government responsible for policing profits rather than Ofgem, says Money Saving Expert

The Guardian - UK

Truss and Sunak clash on energy costs at penultimate Tory hustings

Truss remained loath to ‘bung money’ at those struggling to afford spiralling bills, Sunak said millions may be forced into destitution

Daily Mirror

Energy boss on £6m will get £770,000 payday in October as Brits' bills rocket

Linda Cook is benefitting from an £84m interim dividend announced by Harbour Energy today as its profits rose 1,100% to almost £1.3billion in the first half of 2022

Glasgow Live

Government must increase energy bill discount by at least 150 per cent, warns Which?

Scots have recently been hit with a warning from Advice Direct Scotland (ASD) as Ofgem prepares to announce a new price cap for the period covering October to December with Which? now warning that financial help should be increased.

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The Guardian - UK

Prospect of Royal Mail breakup will not improve workers’ mood on eve of strike

Shareholder Daniel Křetínský is seeking a bigger stake, which may be because he is keen to split off GLS

The Guardian - UK

Labour calls for emergency budget as energy cap set to top £3,500

Ofgem announcement will ‘strike fear’ into hearts, says Rachel Reeves, amid accusations of profiteering at oil and gas firms

Wales Online

Government minister promises more help coming for people as cost-of-living crisis deepens

It comes amid increasing calls on the Government to introduce radical support

The Independent UK

Cost of living crisis: The upcoming dates you need to know about

Autumn of bleak economic forecasts lies ahead as new PM enters Downing Street with plenty to do

Glasgow Live

Which? issue urgent warning as fraudsters issue 'fake energy refunds' amid cost of living crisis

Which? have issued a warning to bill payers amid a rise in the cost of living with fraudsters pretending to be energy regulator Ofgem in a bid to gain access to their personal information with a fake 'refund' offer.

Glasgow Live

Shell Energy to refund thousands of customers £106,000 after overcharging for three years

Shell Energy will be paying out more than £500,000 and refunding thousands of customers after pre-payment meter users were being overcharged by Shell Energy for three years.

The Independent UK

Energy price cap announcement: When is it and what can we expect?

Latest Ofgem rise expected to take standard tariffs to £3,600, experts warn

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