39 minutes ago UK private sector contracting as firms give ‘thumbs down’ to the budget – business live

Rolling coverage of the latest economic and financial newsAverage annual energy bill to rise to £1,738 in Great Britain from JanuaryWhat is the energy price cap and can I cut my bill?The pound has dropped to a six-month low against the US dollar, after this morning’s weaker-than-expected retail sales report.Sterling fell as low as $1.255, its weakest level since 14 May, extending recent losses as economic worries have risen. Continue reading...

Economics

43 minutes ago What is the Ofgem energy price cap? Households to face higher energy bills

Billpayers are bracing themselves for a colder season that could strain their budgets

Economics

2 hours ago Government urged to help struggling households with rising energy bills; budget uncertainty hits retail sales – business live

Rolling coverage of the latest economic and financial newsAverage annual energy bill to rise to £1,738 in Great Britain from JanuaryWhat is the energy price cap and can I cut my bill?The pound has dropped to a six-month low against the US dollar, after this morning’s weaker-than-expected retail sales report.Sterling fell as low as $1.255, its weakest level since 14 May, extending recent losses as economic worries have risen. Continue reading...

Economics

3 hours ago Household energy bills to rise again in January as cold weather grips UK

Typical household bill will increase from £1,717 to £1,738-a-year, or around £1.75-a-month, from January 1

Society

3 hours ago British households’ energy bills will rise by 1.2% in January – business live

Rolling coverage of the latest economic and financial newsWhat is the energy price cap and can I cut my bill?Citizens Advice fears that households with children and those on lower incomes will struggle to keep warm this winter:Alex Belsham-Harris, head of energy policy at Citizens Advice says: “Energy prices remaining relatively stable over winter will offer cold comfort to millions across the country already struggling to afford bills. It comes as people are falling further and further behind on their energy bills, with the amount owed to suppliers now a record £3.7 billion.“As colder weather sets in, we’re particularly worried about households with children and those on lower incomes, who are most likely to struggle with their heating costs.“The decision to introduce a price cap chang...

Society

3 hours ago Ofgem price cap will see annual household energy bills rise by £21 from New Year’s Day

Household energy bills will increase by 1.2 per cent from the current £1,717 to £1,738 from January 1, 2025.

Economics

9 hours ago Ronnie Wood wears festive PJs for night out with his kids at Hogwarts in the Snow event

Rolling Stones member Ronnie Wood baffled guests with his pyjama ensemble at the Christmas launch of the Hogwarts in the Snow at Warner Bros studios in London.

Events

10 hours ago Vet issues warning over 'hidden danger' for pets in homes this Christmas

One in three pet owners are unaware of the toxic foods that can be dangerous to their dogs and cats, experts have warned, with a 75% rise in pets needing treatment over the festive period.

Events

19 hours ago Met Office warns more UK snow could spark disruption in week before Christmas

The long-range forecast for Thursday December 5 to December 19 states there is a risk of snow, particularly in the north

Events