Chopping up your vegetables and changing your lightbulbs are among the small things households can do to reduce their energy bills, according to experts. Bills are expected to increase by more than £200 per year as the war in Iran pushes up global gas prices. An average household in England and Wales can soon expect
A renewable energy company with construction and aggregates arms has gone into administration. Hive Energy Ltd, which described having more than 180 companies within its group in its accounts, filed for administration last month. The firm, which turned over £7.2m in the year to 31 March 2024, appointed administrators from PwC on 24 March. Company
Reform of the UK’s energy retail market is essential to accelerate decarbonisation and deliver a more flexible, resilient energy system, a new report has found. Energy UK and BFY Group warn that current regulations are constraining innovation, limiting suppliers’ ability to support electrification and expand low-carbon technologies. While the UK has made strong progress in
If you’re worried about energy bills and are struggling to pay, it is worth contacting your supplier to see what help could be available to you Energy bills look set to rise again from July(Image: coldsnowstorm via Getty Images) Energy bills are forecast to rise again this summer in more misery for UK households. Analysts
THE GREAT SPOON Ladies and gentlemen, knives and forks, a very warm welcome to this year’s energy race! All food releases energy – some quickly, some slowly. Let’s put this grub to the test! Joining me in the commentary box today is Masher. How are you doing Masher? MASHER I’m excellent thank you, pal. This
March saw the largest increase in global energy inflation in at least 25 years, UBS finds The Iran war has led to the biggest rise in global energy inflation in at least 25 years, new data suggests. Swiss bank UBS has analysed the latest inflation reports from advanced and emerging economies, and found that energy
UK economic growth forecasts slashed as IMF warns of higher energy prices Newsflash: The International Monetary Fund has cut its forecast for UK growth this year and in 2026, as the Iran war hurts the global economy. The UK has been hit by the sharpest growth downgrade in the G7 in the IMF’s new economic
UK economic growth forecasts slashed as IMF warns of higher energy prices Newsflash: The International Monetary Fund has cut its forecast for UK growth this year and in 2026, as the Iran war hurts the global economy. The UK has been hit by the sharpest growth downgrade in the G7 in the IMF’s new economic
Global energy and financial leaders say the war in the Middle East is delivering a “substantial, global, and highly asymmetric” shock with the heaviest impact falling on poorer countries. In a joint statement, the heads of the International Energy Agency, International Monetary Fund and World Bank Group said the conflict is already pushing up oil
The market is sending out a signal that it thinks the worst of the energy-price shock may be over, according to Morgan Stanley’s top stock strategist. Loading audio narration… The signal is being sent by energy stocks, which have pulled back from Iran war-driven spikes. Morgan Stanley’s equity strategy team, led by chief investment officer