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.
The UK authority plans to clamp down on power producers reaping ‘unreasonable profits’.
The UK energy watchdog, Ofgem, has criticized power station owners for exploiting the system to generate excessive profits and outlined measures to curb this behaviour.
Cineworld Group PLC (LSE:CINE) is on the verge of appointing administrators imminently
Insiders anticipate that Cineworld Group PLC (LSE: CINE) is poised to engage administrators momentarily, mere days following Sky’s coverage of a restructuring scheme for the UK-based cinema chain. The task
As Cineworld exits Chapter 11, its shareholders receive no benefits.
Cineworld Group PLC (LSE: CINE), a prominent cinema chain, has announced its plan to exit Chapter 11 bankruptcy protection by July. The restructuring strategy set to be implemented will unfortunately
HMRC self assessment: More than 600,000 will miss Tuesday’s self-assessment deadline
More than 600,000 people will miss Tuesday’s self-assessment deadline, resulting in a £60m bumper haul of late penalties for HM Revenue and Customs.
Cineworld Declares It Wants to Recover from Bankruptcy Act
Cineworld Group Plc stated that it plans to emerge from bankruptcy unscathed after senior lenders were reported to have been considering a sale of its east European operations.
Ofgem says that energy bills without government help would reach nearly £4,279
Ofgem, the British energy regulator, stated that its price cap for household energy bills would increase by 21% to £4,279 ($5,172) per year from January 2023 to March 2023.
British energy regulator claims that companies are failing to protect vulnerable customers
The British energy regulator stated Tuesday that many companies are not doing enough to help vulnerable customers in winter.
UK: Two million face paying 60pc income tax
A deep freeze on thresholds by Chancellor Jeremy Hunt has resulted in two million workers being subject to an effective 60pc income tax rate by 2028.
After the Government cuts support, household energy bills will rise by £500
After the Government reduced taxpayer support, households will have to pay an additional £500 for their energy in the next year.
Jeremy Hunt increases taxes to tackle UK public finances
Jeremy Hunt, the British finance minister, announced a series of tax increases and tighter spending in a difficult budget plan that he called necessary to restore the country’s public finances. He