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Andy Burnham
Business

The real story behind Burnham's electricity tax cut isn't the £45 saving

The Prime Minister's first major economic move aims to ease household bills, but its wider impact could be felt across businesses, inflation and consumer spending

Fuel poverty
UK

Summer energy price hike pushes 13.5m UK households into fuel poverty

A higher energy price cap is expected to push millions more households into financial strain

Energy debt
Business

UK energy debt hits record £4.79bn as millions brace for higher bills

Regulators and charities warn the growing debt burden could deepen as the energy price cap rises.

Household bills
UK

UK households could save £185 a year if government steps into market, Common Wealth says

A new report argues Britain should become the sole buyer of electricity to shield households from volatile gas prices

Ovo Energy
Business

OVO Energy to pay £10.4m after Ofgem finds failures affecting prepayment customers

Supplier will also pay £1.1 million to households in Scotland's Highlands and Islands

uk energy bill
UK

Energy debt crisis may add extra costs to household bills

The energy supplier, which has five million customers, said household debt was “out of control” and could reach £7bn next year during the cost of living crisis and an “emerging culture of non-payment”.

Energy Bills
UK

UK energy bills could rise above £1,850 for typical dual-fuel households from July

Analysts warn households may face a tougher winter if prices remain elevated into October

Household spending
Business

72 per cent of Britons fear rising living costs as spending starts to slow

Rising fuel bills and inflation worries are beginning to reshape how Britons spend

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