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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No new freeports in Budget after ‘comms cock-up’
admin, , Business, 0
The chancellor will not unveil new freeports in the Budget on Wednesday, despite a government announcement on Friday saying...
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Fears of UK food and fuel prices rising due to war
admin, , Business, 0
A bank, Investec, has warned household energy bills could top £3,000 a year in England, Wales and Scotland from...
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‘P&O Ferries weren’t just jobs they were our homes’
admin, , Business, 0
Former P&O employee John, one of 800 people suddenly made redundant by the company, explains why he is angry...
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UK unemployment rate continues to surge
admin, , Business, 0
Suren Thiru, head of economics at the British Chambers of Commerce, said: “While there was a rise in the...
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War in Ukraine: McDonald’s, Coca-Cola and Starbucks halt Russian sales
admin, , Business, 0
“As a food and beverage company, now more than ever we must stay true to the humanitarian aspect of...
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‘Furlough mums and dads while schools are off’ says TUC
admin, , Business, 0
However, there is a growing debate over whether the new coronavirus strain, which is significantly more infectious than the...
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Ex-BHS director must pay £50m over firm’s collapse
admin, , Business, 0
Ex-BHS director Dominic Chappell has been ordered to pay £50m to cover losses the firm incurred before its collapse....
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Inflation: Five things driving up prices at record rates
admin, , Business, 0
The British Furniture Manufacturers Association, which represents the industry, said the cost of materials including hard woods, fabrics, foam...
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