Ofgem’s current cap for an average household is £3,280, but consumers aren’t directly affected by it because the government’s guarantee scheme has a lower threshold. That will change in July when the cap falls and the threshold for the guarantee rises to £3,000.
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Plans for supermarket price cap on basic food
admin, , Business, 0
“This will not make a jot of difference to prices. High food prices are a direct result of the...
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Emirates will keep flying to Russia unless its owner stops it
admin, , Business, 0
Abu Dhabi has also not severed economic ties with Moscow. It was one of only three countries, along with...
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Food price cap will not make a difference – retailers
admin, , Business, 0
The BRC, a trade association which advocates on behalf of more than 200 retailers, said the government should focus...
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Accountancy giant KPMG to recruit more working class staff
admin, , Business, 0
The UK ranks 21st on a global social mobility index, well behind most European countries. It has a high...
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Covid: Almost two million in UK ‘have not worked for six months’
admin, , Business, 0
Nye Cominetti, senior economist at the Resolution Foundation, said: “While the UK’s economic prospects are finally looking up, job...
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Record mortgage borrowing as owners move or improve
admin, , Business, 0
House hunters, particularly first-time buyers, might be helped in their quest to have enough for a deposit by families...
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Secret papers show Post Office knew case was false
admin, , Business, 0
Tim Parker, the Post Office’s chairman at the time of the draft report, also told the BBC via his...
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Retail sales soar 9.2% in April as shops reopen
admin, , Business, 0
“Footfall is still down by 40% on the pre-pandemic period, and there are still 530,000 people who work in...
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