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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Bloomsbury sees higher profits thanks to reading ‘ray of sunshine’
admin, , Business, 0
Nigel Newton, chief executive, said: “The popularity of reading during lockdown is a ray of sunshine in an otherwise...
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Marmite maker Unilever to cut 1,500 jobs worldwide
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Unilever’s 80 brands are currently divided into three divisions: Beauty & Personal Care, Food & Refreshment, Home Care. The...
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UK wants to hire EU negotiator to ‘reset’ relations
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The UK government is hiring a new negotiator to help deliver a “reset” of relations with Europe. The job...
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Is Gulf-backed bid for Telegraph ‘effectively dead’?
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Investment fund RedBird IMI, which is 75%-owned by Manchester City football club owner Sheikh Mansour, who is also deputy...
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Is the past year’s spike in strike action here to stay?
admin, , Business, 0
Settlements such as this one have been occurring in so-called shortage sectors, such as driving buses, lorries, and rubbish...
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Trump Scottish golf resorts claimed over £3m in furlough
admin, , Business, 0
“Government support was helpful to retain as many jobs as possible, however, uncertainty of the duration of support and...
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Daily Facebook users up again after first-ever decline
admin, , Business, 0
“Combined with the rise of TikTok, brand safety concerns, and a shift in social media user behaviour, there’s a...
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Port Talbot steelworks: ‘Resist speculation’ over future
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Wales’ Economy Minister Ken Skates said the news was “extremely worrying” for Tata’s 8,000 workers across the UK.
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