Rachel Reeves: right plan (pic: DB Media Services) Chancellor Rachel Reeves has cut some green levies on manufacturing firms to help them meet higher energy bills arising from the Iran War. Ms Reeves last year announced a 25% cut in electricity costs for more than 7,000 UK businesses and has now expanded this to cover
Craig Lowrey, of Cornwall Insight, said: “Unless wholesale prices fall below pre-conflict levels – which looks unlikely given the scale of disruption and the uncertain repair timeline to key infrastructure in the region – a higher price cap in July is effectively unavoidable. However, the size of the increase depends on the duration of the
Speaking at the Ideal Home Show, he elaborated, explaining that while bills recently fell, it’s only temporary. “We’re in this perverse situation right now that all energy bills dropped,” he said, adding that the cut was driven by policy changes rather than cheaper energy. He warned that many people don’t even realise they are on
Some homes could be eligible to help avoid wasting ‘excess’ solar or wind energy 15:21, 15 Apr 2026Updated 15:21, 15 Apr 2026 Sunny or windy weather could lead to an energy excess for the UK this summer(Image: Justin Paget via Getty Images) Some households could qualify for cheaper or even ‘free’ energy this year, provided
The Government has issued an update on energy bills as the UK faces growing pressures due to the war in Iran Robert Rowlands Deputy editor, money and lifestyle, content hub 13:22, 15 Apr 2026Updated 13:41, 15 Apr 2026 Martin McCluskey, Parliamentary Under Secretary of State (Department for Energy Security and Net Zero), in the House
Energy suppliers are sitting on £3 billion of households’ money, reveals research by Uswitch.com. Consumers should usually exit winter with little to no credit, having used it during the colder months. They should start rebuilding their credit levels during the spring and summer when energy usage is generally lower. Energy saving tips – what works
Energy bills in the UK are still expected to rise in the coming months, putting more pressure on household budgets despite the shaky ceasefire in the Gulf. Meanwhile, use of solar power is growing across the UK, achieving 22 gigawatts (GW) of solar capacity from nearly 2 million installations, by February 2026. In March, solar
15 Apr 2026 Before the Iran war, the global economy withstood a string of shocks and was performing better than expected, the IMF says. That has now all changed, and the UK has taken a major hit. Image credit: AP The world economy is heading into a major energy crisis, the IMF has warned, unless
The total amount is up £179million compared to last year, according to comparison website Uswitch Some people have too much energy credit in their account(Image: GETTY) Energy suppliers are sitting on £3billion of customer credit with households urged to check if they should claim some of this back. The total amount is up £179million compared
Solar has been the largest source of new electricity generation capacity in the U.S. for two consecutive years. This, according to the Federal Energy Regulatory Commission (FERC). Utility-scale solar capacity has now moved ahead of wind, hydropower, and nuclear. And looking ahead, FERC projects that another 86 gigawatts of solar could be added over the