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The Latest Breaking News from Jonathan Brearley

Energy bills price cap to rise to £2,800 in October, warns Ofgem boss

The news comes as Chancellor RIshi Sunak considers a windfall tax on electricity generators and oil and gas giants in a bid to help struggling households.

Daily Mirror

Rishi Sunak says 'we cannot protect people completely' in cost-of-living crisis as inflation soars to all-time high

Inflation has reached an all-time high at 9%, according to the Office for National Statistics

Manchester Evening News

Martin Lewis sorry for foul-mouthed rant over Ofgem energy cap changes

The UK’s most popular finance expert Martin Lewis has apologised after branding Ofgem’s proposed energy price cap changes a “f******…

The National (Scotland)

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Energy bills could go up every three months as calls increase for windfall tax on oil companies

The energy regulator Ofgem said a quarterly review of the price cap would mean bills could fall quickly as the wholesale market prices changes.

Daily Record

Ofgem changes to energy price cap could see your bills rise four times per year

The energy regulator said that it might insert two new reviews a year, one in January and another in July.

The National (Scotland)

Ofgem plans price cap shake up for energy bills which will affect everyone

Ofgem's CEO said the shake up would allow prices to 'come down quicker' but still warned of further increases in October

Manchester Evening News

Energy bills could rise and fall more often as Ofgem plans more price cap reviews

The regulator wants to review prices four times a year

Liverpool Echo

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Ofgem proposes energy price cap review every three months

Families struggling to pay household bills are facing even “tougher” price rises, the head of Britain’s energy regulator Ofgem warned on Monday, as he announced plans to review the energy price cap quarterly.

Evening Standard

EDF warns customers about severe impact of double energy price rise in October

There's now talk of a further energy price increase later this year but EDF say they are "increasingly constrained in our ability to do more"

Manchester Evening News

Ofgem boss warns Scottish households of new energy bill rise this year

Speaking in Glasgow, the chief executive of energy regulator Ofgem warned households that they should prepare for another surge in energy bills later this year as a result of the war in Ukraine

Glasgow Live

Ofgem boss warns of ANOTHER energy bill hike amid £3,000-a-year war

The news comes as a report has revealed 1.5 million UK households will struggle to pay food and energy bills amid a deepening cost-of-living crisis

Daily Record

Ofgem boss: Energy costs are ‘matter of life and death’ for some people

Speaking in Glasgow, Jonathan Brearley, the CEO of the industry regulator, said the gas supply crisis was ‘unprecedented’.

The Independent UK

Ofgem boss warns Brits will face another eyewatering energy bill rise from October

Ofgem chief executive officer Jonathan Brearley said that for some people, not being able to properly afford their energy bills is already a matter of life and death

Manchester Evening News

Ofgem chief warns of a further energy price cap rise in October

One think tank has predicted more than 250,000 households will "slide into destitution" next year

Wales Online

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Wales Online

Energy boss warns families another hike in bills is on its way

Surging prices have already left many householders struggling with a choice of heat or eat

Evening Standard

Queen’s Speech: Cap on energy bills set to be extended past 2023

The Government has also promised new measures to help the industry invest in heat pumps – a cleaner form of keeping homes warm

Nottingham Post

Energy warning over claim firms 'invent electricity meter readings' and 'adjust' direct debits

Energy watchdog Ofgem has launched an investigation into the claims

The Independent UK

Energy suppliers given three weeks to explain ‘excessive direct debit hikes’

Kwasi Kwarteng accuses firms of increasing customers’ payments ‘beyond what is required’

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The Guardian - UK

Energy firms have three weeks to justify direct debit hikes, Kwarteng warns

Business secretary says Ofgem has issued compliance reviews after suppliers used cash to ‘prop up finances’

The Guardian - UK

Energy chiefs fear 40% of Britons could fall into fuel poverty in ‘truly horrific winter’

Firms inundated with calls from customers as bosses fear impact of October’s scheduled cap rise

The Independent UK

Criticising green agenda in light of higher bills is wrong, Ofgem boss says

Jonathan Brearley said that renewables could cut the link between global politics and energy prices.

Daily Mirror

Ofgem boss admits it made serious mistakes that will add £200million to household bills

Ofgem chief Jonathan Brearley also said that fewer customers will hunt for better deals in the future and said that as things stand, bills could rise for the third time in October

The Independent UK

Ofgem ‘should have acted differently’ to ensure companies did not collapse

Energy prices are set to spike by hundreds of pounds for millions of households around the world.

The Independent UK

Ofgem boss admits he should have acted sooner to prevent supplier collapses that cost households £2.5bn

Ed Miliband says ministers’ failure to act means ‘working people are paying higher bills’

The Guardian - UK

Ofgem admits failings over energy regulation, and warns Ukraine conflict would push bills higher – as it happened

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