Ofgem, the UK’s energy regulator, has declared an increase in the energy price cap, leading to an average annual rise of £94 in household energy bills. The cap will be
UK major fuel retailers are still taking far bigger margins
The UK’s competition authority has issued a caution to fuel retailers regarding the pace at which fuel prices have decreased in recent times and the genuine level of competition in
AA claims that some petrol stations are overcharging by 5p per litre, labeling them as ‘greedy’.
The motoring association alleges that the average pump price isn’t reflecting the declining costs.
Elon Musk is contemplating pulling Twitter out of the EU.
Elon Musk has reportedly indicated that X, previously known as Twitter, might become unavailable in Europe to bypass new EU regulations.
In September, petrol prices increased by 5.1p per litre.
Between August and September, the average petrol price increased by 5.1p per litre, as reported by the Office for National Statistics, keeping inflation steady at 6.7%.
Electricity from wind is not cheap, and it might never be
The parliamentarians prompting Rishi Sunak to reconsider his stance on onshore wind power frequently echo the wind industry’s catchphrase: “Wind is affordable.” Sir Alok Sharma claims it’s “affordable, green, and
UK Households warned ‘era of cheap energy is over’ as bills forecast to rise
British families are alerted that the days of low energy prices have come to an end, with an anticipated increase in bills next year.
Drivers experience one of the largest monthly surges in fuel costs in years.
In August, drivers faced one of the steepest monthly increases in fuel prices in over two decades, as recent data reveals.
UK Household energy bills to fall by £150 a year
Household energy costs are set to decrease by approximately £151 annually as the economic impact of Vladimir Putin’s incursion into Ukraine continues to diminish.
UK Companies go bust at fastest rate in 14 years
Businesses are declaring bankruptcy at the swiftest pace since the global financial crisis, with interest rates reaching their pinnacle since 2008.
Twitter alleges that Meta pilfered concepts for its competing app, Threads.
Twitter Inc (NYSE: TWTR) has warned that it might instigate legal proceedings against its competitor, Meta Platforms Inc (NASDAQ: FB), due to the striking similarities between their new app, Threads,
UK Supermarkets accused of driving up petrol prices by 6p a litre
The Competition and Markets Authority (CMA) attributed the recent rise in fuel prices since 2019 to lessened competition among supermarkets.