12 h. ago Moneysupermarket parent group saw energy deals surge ahead of price cap rise

Mony Group said it is on course to meet its full-year profit guidance after a surge in its energy and home services business.

Economics

27 h. ago £3 bus fare cap to be scaled back as passengers could face price hikes

Transport Secretary Heidi Alexander refused to commit to the £3 bus fare cap outside London remaining in place from 2026 - saying it only covers one in six journeys

Economics

33 h. ago Major energy supplier launches new fixed tariff £300 below current Ofgem price cap

The tariff is available to new and existing customers and there is no smart meter requirement to sign up.

Economics

53 h. ago Major energy company announces tariff £300 cheaper than price cap

The tariff is available to new and existing customers and there is no smart meter required to sign up

Economics

60 h. ago The fixed energy deals your supplier won’t tell you about – but this tool finds them in seconds

The energy price cap has gone up again – but what most people don’t realise is that some suppliers are now offering cheaper fixed deals under the radar. A free tool called Switcheroo can show if you’re overpaying – and switching could save you up to £388 a year.

Economics

7 d. ago The 10 DWP and money changes in May including early benefit payments and Ofgem price cap announcement

All the major changes that will affect your finances this month

Economics

1 week ago Energy price cap set to fall in July as Trump tariffs bring unexpected effects

UK households could soon see a £166 drop in bills on average

Politics

1 week ago Energy bills forecast to fall this summer in rare good news for millions of households

Industry experts Cornwall Insight is predicting that regulator Ofgem’s price cap will fall by nearly 9% in July, from the current £1,849 a year to £1,683

Economics

3 w. ago Asian shares sell off as US curbs on Nvidia chip sales to China fuel trade fears; UK inflation slows to 2.6% – business live

Gold surges nearly 2% to new record high; UK food inflation slows and fuel prices fall while clothes prices riseFinancial markets are betting on an interest rate cut from the Bank of England meeting at its May meeting, estimating an 86% probability.They have fully priced in three quarter-point rate reductions this year.A sharp pickup in inflation from April is all but guaranteed. Ofgem’s 6.4% increase to its price cap, after a large fall last year, means we expect the energy component will add 0.7ppts to CPI inflation in April. A significant increase in water bills means the contribution from the core goods category is also set to rise. In addition, we expect businesses to pass on some of the increase in labour costs caused by the recent rises in employers’ National Insurance Contributions (NICs) and the National Living Wage onto consumers. Inflation is likely to peak in the autumn, before starting to cool as the contribution from the energy category fades.The MPC has lowered Bank R...

Economics

3 w. ago Viagogo failing to prevent potentially unlawful practices, say campaigners

Listings on resale site suggest that touts are speculatively selling tickets they do not yet haveThe ticket resale platform Viagogo has been accused of failing to prevent “misleading and potentially unlawful” practices on its platform, despite facing intense scrutiny as the government consults on new anti-touting laws.Ministers are weighing up plans to cap the price at which tickets can be resold, after Labour pledged in its election manifesto to tackle ticket touts using platforms such as Viagogo and StubHub to charge fans huge mark-ups for in-demand shows. Continue reading...

Events

4 w. ago New call for energy bill social tariff to fix ‘gaping’ hole in welfare system

Households face paying nearly £1,850 a year for their electricity and gas under the latest Ofgem energy price cap.

Economics

last month Zonal electricity pricing 'would give Scots living close to windfarms cheaper bills'

Major supplier Octopus Energy says a pricing shake-up could end Scotland's rural fuel poverty crisis with 44% of households in remote areas struggling with bills.

Science