The Latest Breaking News from Ofgem

Nadhim Zahawi says energy price hike will be ‘really hard’ for middle-earners, as well as society’s most vulnerable

For those paying by prepayment meter, there is a bigger jump from £2,017 to £3,608 as the general cost of living contiues to spiral and energy prices rocket

Chancellor warns even middle-income earners will suffer

Chancellor Nadhim Zahawi has admitted that even middle-earners in the UK making £45,000 a year are also set to struggle to get by this winter due to the spike in energy bills

Senior nurses and teachers are among those who will find the repercussions of the rise in the energy price cap 'really hard', says Nadhim Zahawi

Zaporizhzhia nuclear plant reconnected to grid after being cut off; UN inspectors set to visit facility in days; EU leaders to meet over energy crisis

On Friday, Ofgem confirmed an 80.06% rise in the energy price cap, hiking the average household’s yearly bill from £1,971 to £3,549 from October

Analysts say the energy price cap could rise to as much as £7,200 before falling again

Members of crowd shout ‘enough is enough’

The hike, which is predicted to leave 8.9million people in fuel poverty, was forecast as far back as March, and consumer champion Martin Lewis said: “This is shocking, but it is not a surprise. What is staggering is that we have allowed this announcement to be made"

The Chancellor warned those on salaries of £45,000 a year will also need help to pay energy bills