Great Britain’s new energy price cap of £1,738 takes effect on January 1st, but there are still opportunities to secure more favourable deals.
Great Britain’s new energy price cap of £1,738 takes effect on January 1st, but there are still opportunities to secure more favourable deals.
Energy Bills Set to Increase by £70, Adding Strain on Struggling Families
According to industry sources, ministers are preparing to enforce heat pump sales targets next year, potentially leading to a “boiler tax” on households.
An estimated 780,000 pensioners still eligible for the winter fuel payment will lose this benefit under proposed cuts, according to the Government’s own equality analysis.
Rachel Reeves has defended her decision to claim £4,400 to cover the heating costs of her second home following a recent vote by MPs to eliminate winter fuel payments for
Drivers may soon pay over 150p per litre for fuel following substantial price increases, raising concerns about potential profiteering at petrol stations.
In just three weeks, petrol prices have surged by 3p, sparking inflation worries for the Chancellor ahead of next month’s Budget announcement, according to recent data.
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
The motoring association alleges that the average pump price isn’t reflecting the declining costs.
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%.
In August, drivers faced one of the steepest monthly increases in fuel prices in over two decades, as recent data reveals.
The Competition and Markets Authority (CMA) attributed the recent rise in fuel prices since 2019 to lessened competition among supermarkets.