The move is following allegations that third-party agents ignored the vulnerabilities of customers and broke into equipment to install it.
Octopus claims it abandoned profit in order to lower its energy bills
Octopus Energy stated that it decided not to make its first annual profit after spending £150m on trying to lower customers’ electricity and gas bills.
Bank of England poised to raise interest rates for 10th time in a row on Thursday
The Bank of England will raise interest rates for the tenth time in succession at its policymakers’ meeting this week to further squeeze the finances of businesses and mortgage holders.
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.
As UK food prices rise to a new record high, household grocery bills increase by £788
After signs that food inflation has passed its peak in January, shoppers are now facing the largest increase in grocery bills ever recorded.
Europe’s Fossil Fuel Use Is Set to Plummet in 2023
As the European Union focuses on renewable energy sources to replace Russia’s energy supply, the amount of electricity generated from fossil fuels is expected to plummet.
BP warns that oil and gas investments are needed for the next 30 years.
BP warns that investment in oil and gas production is essential if the world wants to avoid more price swings and shortages.
The Bank of England is expected to raise interest rates to 15-year highs this week
European stock markets are likely to open lower as investors prepare for central bank decisions in the UK and US later this week.
Britishvolt’s collapsed battery-maker triggers bidding war
Norwegian suitors show interest in a failed “gigafactory” company that is being sold.
Shell considers quitting the energy market, threatening up to 2,000 jobs in the UK
Shell Energy is threatening up to 2,000 jobs in the UK after it announced that it was looking at quitting the energy industry.
European natural gas slid for a fifth straight day
European natural gas fell for the fifth consecutive day. The weather is expected to improve and there are more chances that the US will reopen an old export terminal.