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The Latest Breaking News from Ofgem

Energy bills hike has already made Reeves’ cost of living package look meaningless

NEWS ANALYSIS: Political editor David Maddox looks at what Ofgem’s announcement on energy bills means for the chancellor

The Independent UK · May 27

Millions will see their energy bills rise by £200. Here are five simple swaps to help save money

Small changes, from using LED lightbulbs, to sealing windows, can help reduce the cost.

The Independent UK · May 27

Rachel Reeves urged to ‘act now’ to save poorest from pain of rocketing winter energy bills

Donald Trump’s Iran war is blamed for continued volatility in global energy markets, which has led to higher wholesale gas prices

The Independent UK · May 27

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read the most diverse news in one place.

Energy must be in Scotland's own hands, SNP say as price cap set to increase

WESTMINSTER cannot be trusted with Scotland’s energy, the SNP have said after it was revealed the energy price cap will be increased in July ...

The National (Scotland) · May 27

What is UK energy price cap and how much will my energy bill increase?

OFGEM has announced it is raising its price cap to £1862 per year for a typical dual fuel household, up £221 or 13 on current levels ...

The National (Scotland) · May 27

What is happening to my energy bill and what can I do?

Changes to the price cap from July amount to an increase of £18 a month for the average household using both electricity and gas.

Evening Standard · May 27

Ofgem energy price cap: Everything you need to know as bills rise by 13%

Households are set to pay an additional £221 each year

The Independent UK · May 27

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Energy bills to rise by more than £200 a year amid Iran war fallout

IN FULL

The Independent UK · May 27

Millions face higher energy bills as UK price cap rises

Ofgem will raise the energy price cap by 13 per cent from July due to the ongoing conflict in the Middle East, the regulator has announced ...

The National (Scotland) · May 27

Oil price drops as Iran state media releases detail of draft peace deal with US - as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK · May 27

Household energy prices to jump by 13% from July

The average household using both electricity and gas will see an increase of about £18 per month.

Evening Standard · May 27

Energy bills to soar 13% due to Trump's war in Iran, says Ofgem

‘This increase is as a result of higher wholesale gas prices, caused by the ongoing conflict in the Middle East’ - Ofgem

Evening Standard · May 27

Typical energy bill set to soar by £221 a year from July as new price cap announced

The current price cap for a typical household paying by direct debit for gas and electricity is £1,641

The Independent UK · May 27

Households set to learn of energy bills hike from July amid Iran war impact

Ofgem will announce its latest energy price cap on Wednesday.

Evening Standard · May 27

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International Business Times UK · May 26

UK Household Energy Bills May Surge Again as US Strikes on Iran Fuel Oil Supply Fears

UK households may face increased energy bills this summer due to Middle East tensions affecting global markets. Ofgem's upcoming price cap announcement could see annual costs rise significantly.

The Guardian - UK · May 26

Ofgem should tell it straight: electricity prices are set to stay high for years

Regulator could do us all a favour with clear multi-year forecasts and breakdowns of electricity pricing

The Independent UK · May 25

UK households set to face £200 energy bill rise thanks to Iran war

Ofgem will on Wednesday reveal the level of the annual energy price cap for July to September

Evening Standard · May 25

Households set to learn of energy bills hike from July amid Iran war impact

Ofgem will on Wednesday reveal the level of the annual energy price cap for July to September as predictions suggests a 13% rise is on the way.

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Evening Standard · May 20

Consumer confidence rises slightly following signs of Iran ‘de-escalation’

Confidence in the economy over the next three months remains firmly in negative territory at minus 48, but up from minus 53 last month.

The Independent UK · May 20

Inside Reeves’ cost of living plan which could see UK consumers save more than £150 million a year

Reeves will give details of policies to tackle the cost-of-living squeeze triggered by the Iran war

Evening Standard · May 20

Cheaper food and free bus rides for children in Reeves’ cost-of-living plan

Rachel Reeves said: ‘My number one priority is protecting households from rising costs.’

Evening Standard · May 20

Why has inflation gone down and where will it go from here?

Economists said April’s inflation fall will only be a brief respite before the Middle East conflict sends prices spiking again.

The Independent UK · May 19

Cost of living crisis looms as Iran energy shock threatens UK inflation rebound

Experts caution that future turbulence is on the way despite UK inflation easing last month

Evening Standard · May 19

UK inflation rate set to fall as lower household energy bills offset fuel surge

Most economists think the rate of Consumer Price Index (CPI) inflation slowed to 3% in April, from 3.3% in March.

Evening Standard · May 19

Energy bills forecast to rise by £209 in July amid fears over winter cost crunch

Cornwall Insight said its prediction for Ofgem’s cap from July to September now stands at £1,850 for a typical dual fuel household, a 13% increase.

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