2 hours ago 'Energy price hikes are a hard pill to swallow when providers can cope with price fluctuations'

Ofgem has raised the energy price cap for the second time in less than six months, claiming the hike is reflective of increasing wholesale prices - but that's a hard pill for families to swallow

Science

6 hours ago Ofgem increases price cap as winter fuel payments are withdrawn for millions

Charities have reacted angrily to the rise while the boss of Octopus has suggested pensioners struggling to heat their homes should consider using electric blankets to keep warm

Economics

6 hours ago Keir Starmer warned elderly people ‘going to die’ as he is confronted on radio show over winter fuel cuts

In a BBC interview, Keir Starmer heard from a concerned listener who will struggle to stay warm due to Winter Fuel Payment cuts

Events

9 hours ago UK private sector is contracting as firms give ‘thumbs down’ to the budget, hitting pound – 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

10 hours ago BBC caller confronts Keir Starmer over winter fuel payment cuts: ‘Elderly people will die’

Sir Keir Starmer was confronted by a BBC radio listener who warned him that "elderly people are going to die" following cuts to winter fuel allowance.

Events

10 hours ago Keir Starmer warned elderly people ‘are going to die’ as fears mount over winter fuel cuts

Keir Starmer was confronted during a round of local radio interviews by a listener named Maxine who said ‘we just can’t keep warm’ and that ‘elderly people are literally going to die’

Events

11 hours ago Martin Lewis 'simple' tip gives 'immediate' savings on energy bills after price cap rise

Energy regulator Ofgem has announced that the energy price cap will rise by 1.2 per cent from 1 January 2025 - increasing electricity and gas bills for people across the UK

Economics

11 hours ago The 'extremely concerning' energy bill reality for Scotland that is a 'hard pill to swallow'

The energy price cap rose on Friday

Science

11 hours ago It makes sense to make winter fuel payment change, says Sir Keir Starmer

Chancellor Rachel Reeves limited access to the benefit, worth up to £300, in a cost-saving measure, as she sought to repair the nation’s finances.

Politics