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The Latest Breaking News from Simon Francis

Ofgem Proposes Energy Price Cap Adjustment to Tackle £3 Billion Debt Crisis

The proposed measure involves a one-time adjustment of £16, spread across the period from April 2024 to March 2025.

International Business Times UK

Revealed: Millions of children at risk from killer mould as families struggle to heat homes

Exclusive: Fuel poverty campaigners demand action before another child dies – as 3.4m families live in ‘Victorian’ and ‘incredibly dangerous’ conditions

The Independent UK

Ofgem ‘reopens debate’ on energy standing charges amid rising bills

The regulator said it was the ‘right time’ to look at standing charges again because of cost-of-living pressures.

The Independent UK

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Lower energy price cap takes effect amid concerns households will pay more

The Government has announced no plans for support this winter along the lines of the £400 offered to help all households last winter.

The Independent UK

Energy price cap to fall - but households may still have to pay more than last winter

The lower cap is still more than 50% higher than pre-crisis levels, while the financial support of last winter has not been repeated

Evening Standard

Rosebank faces legal battle as UK Government hands oil giant 'massive tax break'

A PROMISE of legal action has greeted the UK Government giving the green light to the Rosebank oil field in the North Sea ...

The National (Scotland)

Britons’ energy bills are falling – so why are standing charges soaring?

In the cost of living crisis, more people – from campaigners to energy bosses – are starting to question suppliers’ fees

The Guardian - UK

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Almost 5000 excess winter deaths caused by cold homes last year, MPs warned

Almost 5000 excess winter deaths were caused by cold homes last year, a charity has warned MPs.

The National (Scotland)

A social tariff could bring a warm glow to UK energy policy

A lower price cap will still mean unaffordable bills for many. Yet a fairer alternative has been quietly dropped

The Guardian - UK

UK’s ‘broken’ energy system revealed as firms set to make £1.7bn in profit from customers

Campaigners attack ‘murky depths’ of market – as suppliers set to increase profits while families struggle

The Independent UK

Energy price cap ‘costing consumers money and driving inflation’

The Centre for Policy Studies think tank said Oftem’s cap has gone ‘far beyond’ its original purpose of providing protection for customers.

The Independent UK

Households are being urged to send in their meter readings before the price cap change date

Acting soon could save households cash on their bills as wholesale energy prices drop

Manchester Evening News

Charities call for ‘help to repay’ scheme for household energy debt

An estimated 5.5 million UK adults are behind on their energy bills, according to a survey for the Money Advice Trust.

The Independent UK

Ofgem energy price cap falls to £2,074 but households will see little relief

Consumers still paying almost twice as much for gas and electricity as in October 2021 despite cut by regulator

The Guardian - UK

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The Independent UK

Living wage increase to benefit around 1.7 million workers

The lowest-paid workers are set to enjoy a ‘rare’ real-terms pay boost, says think tank.

The Independent UK

Centrica boss urged to waive £1.6m bonus – but refuses to discuss it

‘Too early to have conversation’ abount bonus, says chief executive after record profits spark outrage

Daily Mirror

British Gas chief urged to reject massive £1.6m bonus as millions face huge energy bills

Chief executive Chris O’Shea is expected to be in line for the windfall on the back of a soaring profits at the energy giant, which is forecast to announce a £3billion haul this Thursday

The Independent UK

Cost of living payments for 2023 will leave families ‘worse off’, say campaigners

£900 support won’t be enough, says End Fuel Poverty Coalition as government sets out payment schedule

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Wales Online

DWP announcement on £900 cash boost for Universal Credit, Pension Credit and tax credit recipients

The payments, which were confirmed in the autumn statement, will be made up of three payments that will go directly to bank accounts

The Independent UK

Nine million spent Christmas in ‘Dickensian’ housing conditions, survey finds

Millions of adults with serious health conditions are spending Christmas in cold damp homes, according to research

Daily Mirror

Thousands disconnecting electricity and disabled people rationing ventilator use

The industry term for this situation is “self-disconnection”, and the figures show rises of more than 20% in both electricity and gas self-disconnections from the start of last winter to spring this year

The Guardian - UK

Excess deaths could rise as vulnerable skimp on heating, UK charities warn

Freezing temperatures and high energy costs lead to fears that more people will die this year without action

The Independent UK

Ban pre-payment meter installations through court warrants – campaigners

The End Fuel Poverty Coalition raised concerns that firms were using PPMs ‘as a method of revenue protection’.

The Independent UK

Patients cut back on medicine, food and heating due to soaring costs – charities

A fifth of those polled by Asthma and Lung UK reported ‘life-threatening’ asthma attacks as they cut back on essentials.

The Independent UK

Credit card debt soars as Britons ‘to borrow £100bn’ to cope with cost of living crisis

More than 5 million expect to seek credit to pay for daily expenses, YouGov survey warns, as borrowing rises at fastest rate since 2005

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