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The Latest Breaking News from Ofgem

Inflation rate for UK’s poorest forecast to hit 14% after price cap rise

IFS and Resolution Foundation warn of disproportionate impact of energy prices on low-income households

The Guardian - UK

Martin Lewis explains when energy customers should commit to fixed rate deal

Ofgem chief executive, Jonathan Brearley, warned bills will rise again in October

Liverpool Echo

Cost of living crisis: Poorer households face even higher inflation, Institute for Fiscal Studies warns

Poorer households may face an eye watering inflation rate of 14 per cent, the influential Institute for Fiscal Studies has said, after the boss of energy regulator Ofgem warned bills will soar even higher this autumn.

Evening Standard

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Government finalising 'multi-billion' pound support package to help families with cost of living crisis

The news comes after Ofgem boss Jonathan Brearley warned Brits are likely to face another eyewatering energy bill rise from October this year

Chronicle Live

Martin Lewis issues new tariff advice to British Gas and E.On customers which could beat October price cap

Ofgem is predicting the price cap could rise by £830 to £2,800 later this year.

Daily Record

Boris Johnson could announce cost of living help TOMORROW to 'move on' from Partygate

The Prime Minister was planning to only announce help with energy bills after the Queen's Jubilee weekend. But a flurry of well-timed reports have emerged after Ofgem said bills could hit £2,800 - and the Sue Gray report looms

Daily Mirror

Martin Lewis's urgent advice to every E.On and British Gas customer

Martin was addressing concerns about rocketing energy bills

Nottingham Post

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'Families worrying about how they’ll put food on their kids’ plates' - The reality of poverty in Greater Manchester in 2022

The 2022 'Poverty Monitor' heavily criticises the government's 'Levelling Up' agenda

Manchester Evening News

How to protect your money from cost of living scammers

Don’t let fraudsters trick you into parting from your hard-earned cash

The Independent UK

The reality of Bristol's cost of living crisis - from skipping meals to rough sleeping

And it looks set to get worse

Bristol Post

New cost of living crisis help plan to be announced on Thursday, say reports

It comes after Ofgem chief Jonathan Brearley said the regulator is expecting the energy price cap to increase by a further £830 to £2,800 in October

Wales Online

Martin Lewis reveals his top tip for recouping cost of surging energy bills

Money Saving Expert founder warns cost of living crisis will get worse before it gets better

The Independent UK

Martin Lewis says potential 42% energy price cap hike 'feels like panto'

The money expert shared his thoughts on the hike and what you can do to save on your energy bill

Chronicle Live

The exact figure for a fixed rate energy deal Martin Lewis says you should go for if you can find

30% is the key

Wales Online

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Manchester Evening News

Martin Lewis' message to those trying to beat 42 percent energy price hike

“It feels like a pantomime. I wish it was."

Daily Mirror

Martin Lewis issues urgent advice to every British Gas and E.On customer as prices rise

MoneySavingExpert Martin Lewis highlighted how British Gas and E.On are reportedly offering existing customers fixed deals below the 30% threshold he would consider locking in at

Wales Online

Martin Lewis labels potential energy price cap as 'panto'

The energy price cap is expected to hit 42%

The Guardian - UK

Sunak races to finalise cost of living response after energy bills warning

Measures could be announced as soon as Thursday as households face price cap rise of more than £800

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The Independent UK

Downing Street to reveal cost of living measures in bid to deflect Partygate anger

Warm Homes Discount announcement ‘held back to give prime minister a soft landing’

Chronicle Live

North East reacts as energy price cap expected to rise by £830 to £2,800 in October

The energy price cap is expected to rise by a further £830 later this year and push millions of families into "fuel stress"

Daily Mirror

Up to 12 million households could face fuel poverty as energy bills keep surging

Jonathan Brearley, the head of energy regulator Ofgem, told MPs any such hike could see the number of households in 'fuel poverty' nearly double from 6.5 million to 12 million

Daily Record

Energy price cap to rise by £830 slammed by Renfrewshire MP

Consumers will see the price cap rise from £1,971 to £2,800 in October the boss of Ofgem has warned.

Glasgow Live

Energy price cap will soar to £2,800 in October warns Ofgem boss

Ofgem has announced that the energy price cap is set to soar to approximately £2,800 this October from its current value of £1,971, affecting millions of households

The National (Scotland)

Kate Forbes demands UK Government act over 'unimaginably horrendous' energy bill rise

SCOTLAND'S Finance Secretary has demanded the UK Government act after Ofgem announced that energy bills will likely soar by around £800 in October.

Wales Online

Millions of Brits could fall into 'fuel stress' if energy price cap soars to around £2,800 in October

Calls for Government to do more to help people in the cost of living crisis as Ofgem boss expects another big increase in bills

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