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The Latest Breaking News from Ofgem

Cost of living crisis: four things the government could do to help

Policy levers ministers could be pulling as rocketing gas prices fuel spiralling inflation

The Guardian - UK

Exact date you need to take an energy meter reading before October price cap hike

The last time the price cap was updated in April, money experts including Martin Lewis recommended that all homes take a meter reading the day before the new price cap came into force

Daily Mirror

Energy bills cap could hit staggering £4400 in January, new analysis reveals

THE cap on energy bills might soar by several hundred pounds more than nightmare forecasts predicted earlier this week, new analysis has shown.

The National (Scotland)

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Energy bills could hit £400 a month as price cap forecast reaches terrifying new high

It is feared the price cap could hit an enormous £4,700 by April next year amid dire warnings of a difficult winter ahead as the cost of living crisis deepens across the UK

Daily Mirror

Energy bills could rise to £4,400 in January, analysis shows

The winter months could be bleak for households trying to stay warm.

Evening Standard

Warning energy bills could hit an eye-watering £4,400 by January

Cap on energy bills might soar by several hundred pounds more than nightmare forecasts predicted earlier this week

Wales Online

'Don't Pay UK' campaign urging households not to pay energy bills as price cap set to rise 70%

Don't Pay UK is calling for action against rising energy bills after the price cap is set to rise to a staggering £3,359 per year from October for the average household.

Glasgow Live

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Energy bills could double to £4,200 by January as households face cost of living crisis

Investment bank Investec now thinks the energy bills price cap - which is currently £1,971 a year - will jump to £3,523 in October, then leap to £4,210 in January.

Daily Mirror

Energy experts warn millions of households face £4,000 annual bills by start of next year

Ofgem is also warning people not to join the ‘Don't Pay’ group which is planned for October 1.

Daily Record

Next PM must find 'many more billions' in energy bill help - as hikes branded 'inhumane'

Institute for Fiscal Studies (IFS) chief Paul Johnson said it was a 'mystery' why Tory leadership hopefuls were obsessing over tax cuts when the country was heading into recession

Daily Mirror

Cost of living: What will happen if you can't pay your energy bills and what can you do

Options are available if you've been threatened with a pre-payment meter or disconnection

Irish Mirror

Octopus Energy issue update to customers ahead of price cap hike

The energy price cap is expected to rise by 74 per cent this winter, on top of the 54 per cent households were hit with back in April 2022 - Octopus has since updated their terms and conditions.

Edinburgh Live

Ofgem energy price cap explained as regulator confirms bills to rise every three months

The energy regulators for Great Britain, Ofgem, have announced that the price cap will be reviewed four times a year rather than two in a bid to help customers pay "the real cost of their energy".

Glasgow Live

Energy bills to 'rise every three months' as part of shake-up, Ofgem says

The energy regulator for Great Britain has been reviewing the price cap on gas and electricity bills across the country - and they've brought news nobody wants to hear.

Glasgow Live

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The National (Scotland)

Scotland 'cannot afford to stay in the Union' as worst recession since 2008 looms

Pro-independence politicians have hit out following an announcement that interest rates and inflation is set to rise

Wales Online

'This winter will be a heck of a shock': The people struggling to survive the cost of living crisis

And it's only set to get harder. Some analysts are predicting average household energy bills of £3,300 in October and persistent high prices throughout next year

Daily Record

Ofgem confirms energy price cap to be reviewed every three months as inflation predicted to hit 13.3%

Energy bills are not expected to start coming down until then end of 2024 or early 2025.

The Guardian - UK

Bank of England hikes rates as it predicts 13% inflation and long recession

Base rate raised by 0.5 percentage points to 1.75%, as Bank says inflation will hit 13% in October

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Manchester Evening News

What is the energy price cap and why is it increasing?

Ofgem is making some significant changes to how often the energy price cap is adjusted amid an increasingly erratic wholesale energy market

Manchester Evening News

British Gas, Shell, EDF, Scottish Power and more issue latest update on energy crisis

The energy giants have spoken out on what they are doing to ease the concerns of customers who can't pay their bills

Chronicle Live

Ofgem confirms price cap change every three months - how your energy bills will be affected

The energy regulatory body currently update prices twice a year - in April and October respectively - but will now additionally review the price cap in January and July

Liverpool Echo

Martin Lewis takes break from work as 'awful' winter ahead

Martin is taking a well-earned holiday to spend time with his family

Wales Online

What the energy price cap is and why it's changing

Ofgem says reviewing it every three months will provide stability to the market

Evening Standard

Another gas bill ‘hammer blow’ for families

Ofgem boss warns of ‘very difficult winter’ with households facing new hike on January 1

Manchester Evening News

Energy bill price cap to be updated FOUR times a year as Ofgem warns of ‘challenging winter’

The price cap could increase to £3,729 from April next year, according to the latest predictions

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