Those payments were set when the typical energy bill was anticipated to rise by £800 – a prediction Ofgem says is now too low. Influential industry analyst Cornwall Insight has predicted a rise of more than £1,200 a year in October, pushing the typical bill to £3,244 a year from October, then £3,363 a year from January.
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Budget 2021: ‘Scrooge Sunak not levelling with people’ on cuts
admin, , Business, 0
That argument will be settled in the run-up to a Spending Review. If anything, the medium-term pressures on public...
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‘I was often the only women in the room, that’s changed’
admin, , Business, 0
Mary O’Connor, acting senior partner at KPMG UK, said: “It’s hard to believe that as recently as 2011, 43%...
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Uber Eats’ Super Bowl ad slammed for food allergy joke
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“As somebody … ordering delivery is really hard, because you have to not only know the restaurant, but how...
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Train drivers to go on strike on 30 July
admin, , Business, 0
Mick Whelan, general secretary of Aslef, which represents train drivers, said its members “don’t want go on strike” but...
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Data analytics reveal real business value
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The arrival of enterprise-ready generative AI tools in late 2022 put the need to leverage this data in sharp...
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Royal Mail £5.6m fine a wake-up call, says watchdog
admin, , Business, 0
“Clearly, the pandemic had a significant impact on Royal Mail’s operations in previous years. But we warned the company...
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Four Gupta steel firms face winding up orders, say reports
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The Community, Unite and GMB unions, who represent the steel industry, said in a joint statement: “This action by...
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Liz Truss will seek to bring in National Insurance cut immediately
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“Through our £37bn support package we are also saving the typical employee over £330 a year through a tax...
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