Energy bills are expected to increase by £288 this July for dual fuel households as a result of the Middle East conflict. That’s according to latest forecast from Cornwall Insight, which reveals an 18% rise on the April 2026 level of £1,641. Wholesale gas prices surged after the Middle East conflict disrupted tankers moving through
But the chancellor refused to commit to cutting fuel duty or VAT on petrol, saying she had to be “careful” with promises to lower prices for everyone because it risked pushing up inflation, interest rates and taxes in the future. She added that the best way to bring prices down for people was for the
Labour ministers sent out in recent days to respond to the looming energy crisis sparked by the Iran war have essentially stuck to that reassuring wartime slogan: keep calm and carry on. “I think people should go about their lives as normal, knowing that the government is taking action to bring energy bills down,” James
Governments across Asia are ramping up their use of coal, the dirtiest fossil fuel, as they try to cover huge energy shortfalls triggered by the US-Israel war on Iran. The move has triggered warnings from climate experts who point to coal’s devastating environmental impact, and say the energy crisis should be a wake up call
From today, 1 April, your gas and electricity bills should shrink for the next three months. That’s despite the ongoing volatility in energy prices cause by the Middle East conflict. But after that, variable tariffs are predicted to increase by around 18%. From today, the price cap is set at £1,641 for a typical* household
By Kate Abnett BRUSSELS, March 31 (Reuters) – The European Union is considering reviving energy crisis measures it used in 2022 when Russia slashed gas deliveries, to address the unfolding disruption to energy markets caused by the Iran war, the bloc’s energy chief said on Tuesday. Speaking after a virtual meeting of EU countries’ energy
Households in Great Britain could see their energy bills increase by about £290 a year to almost £2,000 from this summer in a “tough pill to swallow” for consumers already braced for a volley of “awful April” cost hikes from Wednesday. A typical gas and electricity bill is now forecast to reach £1,929 a year
T1 Energy Inc. AUSTIN, Texas and NEW YORK, March 31, 2026 (GLOBE NEWSWIRE) — T1 Energy Inc. (NYSE: TE) (“T1,” “T1 Energy,” or the “Company”) today reported financial and operating results for the fourth quarter and full-year 2025. The Company will hold a conference call today at 8:00 am EDT. Headlines Construction proceeding on schedule
Every Tuesday, we get an expert to answer your financial problems or consumer disputes – you can WhatsApp us here or email moneyblog@sky.uk. Today’s problem is… My mother has been separated from her partner since 2006. I know initially divorce wasn’t possible but in their separation agreements they split their debts and defined who pays what. Since then,
Every Tuesday, we get an expert to answer your financial problems or consumer disputes – you can WhatsApp us here or email moneyblog@sky.uk. Today’s problem is… My mother has been separated from her partner since 2006. I know initially divorce wasn’t possible but in their separation agreements they split their debts and defined who pays what. Since then,