7 h. ago Energy firm launches new energy tariff that's £141 below price cap

EDF has announced a new energy tariff that is significantly cheaper than the current energy price cap, which is set to rise by 2% from October 1 to December 31

Economics

12 h. ago The 229 Greater Manchester households left stunned after receiving a devastating letter

Tenants of the Seven Sisters tower blocks have been told they all need to move out in the next few months

Politics

28 h. ago UK manufacturers hit by largest drop in orders since 2020; FTSE 100 hits record high – business live

Shares in oil companies jump after US sanctions Russian energy firms, while manufacturers see weak prospects aheadYesterday’s weaker-than-expected UK inflation report has sparked chat that the Bank of England could cut interest rates sooner than expected.Deutsche Bank say there is now an “interesting debate” on whether there may be enough ammunition for the Bank’s monetary policy committee to cut borrowing costs as soon as its next meeting in early November.What’s the case for November? Relative to the Bank’s projections, growth has surprised to the downside, private sector AWE growth has surprised to the downside, unemployment has risen in line with Bank expectations, and inflation now sits a healthy amount below the Bank’s projections. Indeed, one could make the argument that the ingredients for a November rate cut are there.So, why not November? We think three things will be important for the MPC to see before dialling down restrictive policy again. One, the MPC may want to see s...

Economics

29 h. ago UK manufacturers hit by largest drop in orders since 2020; FTSE 100 hits fresh record high – business live

Shares in oil companies jump after US sanctions Russian energy firms, while manufacturers see weak prospects aheadYesterday’s weaker-than-expected UK inflation report has sparked chat that the Bank of England could cut interest rates sooner than expected.Deutsche Bank say there is now an “interesting debate” on whether there may be enough ammunition for the Bank’s monetary policy committee to cut borrowing costs as soon as its next meeting in early November.What’s the case for November? Relative to the Bank’s projections, growth has surprised to the downside, private sector AWE growth has surprised to the downside, unemployment has risen in line with Bank expectations, and inflation now sits a healthy amount below the Bank’s projections. Indeed, one could make the argument that the ingredients for a November rate cut are there.So, why not November? We think three things will be important for the MPC to see before dialling down restrictive policy again. One, the MPC may want to see s...

Economics

31 h. ago Households to receive stronger protection against energy firms under new plans

The plans include slashing the waiting period from eight to four weeks before consumers can escalate their complaints to the energy ombudsman.

Economics

42 h. ago Households and businesses to receive stronger protection against energy firms

Plans to strengthen the ombudsman will help customers resolve disputes with their suppliers, the Department for Energy Security and Net Zero said.

Economics

51 h. ago Cut your Council Tax payment for next month without claiming a discount

Nearly half a million households in Scotland are receiving a Council Tax Reduction on their annual bill.

Economics

56 h. ago Energy firms propose two more windfarm projects for Dumfries and Galloway

Developers are eyeing up sites at Dalmacallan near Moniaive and Collieston near Dunscore.

Politics

5 d. ago British Gas, EDF and OVO customers could get ‘£1,700’ energy help

Customers at a wide array of energy firms could get extra help

Economics

7 d. ago Millions of UK households to receive letters about £150 energy bill discount from next week

People will be sent out to households next week

Economics

9 d. ago Electricity prices set to jump 20% within five years, energy firm warns

Bosses also blamed ‘complex regulations’ for the UK having higher wholesale energy prices than some other European countries.

Events

9 d. ago Russia's two largest energy firms hit by fresh British sanctions as ministers vow to take Putin's oil 'off the market'

Rosneft and Lukoil have both been freshly targeted as part of a package of 90 new sanctions aimed at further squeezing the Kremlin's revenue streams.

Politics

9 d. ago Warning North Sea poised to miss out on 23000 jobs as 110 firms demand windfall tax reforms

The North Sea could miss out on up to 23,000 jobs if windfall tax reforms are not brought forward, industry leaders have warned

Events

1 week ago Energy firms complete UK’s first ‘hydrogen blending’ trial to power grid

A 2% blend of low-carbon gas injected into gas grid to fuel Brigg power station in North Lincolnshire is a UK firstEnergy companies have injected green hydrogen into Britain’s gas grid and used the low-carbon gas to generate electricity, in a landmark development for the UK’s climate ambitions.For the first time in the UK, a 2% blend of green hydrogen was injected into the gas grid and blended with traditional gas to fuel the Brigg power station in North Lincolnshire which generated electricity for the power system. Continue reading...

Science

1 week ago Millions of UK households issued ‘prepare now’ warning by major energy firm

Temperatures are dipping as Britain heads into autumn

Events

1 week ago Extra OVO, EDF, Octopus and more energy support for pensioners and disabled in an emergency

Energy firms across the UK could provide extra help to some billpayers, especially in an emergency

Politics

2 w. ago Latest map shows London areas where households received energy efficiency upgrades last year

Latest map shows London areas where households received energy efficiency upgrades last year  MyLondon

Politics

2 w. ago New DWP update for millions of people due £150 Warm Home Discount payment this winter

Nine energy firms are currently accepting applications for this winter with a further 19 set to open at the end of October.

Economics

2 w. ago Check for Council Tax discount of up to £850 to help bring down payments

Nearly half a million households in Scotland are receiving a Council Tax Reduction on their annual bill.

Economics

2 w. ago Major energy firm to pay £2,000 to UK households as bills rise again

The Energy Support Fund is available for existing British Gas customers who are in energy debt or at risk of fuel poverty during the winter

Economics