Energy bills are due to drop in April, but that may only be temporary respite as the Iran war pushes up prices. Ofgem’s energy price cap will drop by 7% in April, taking typical gas and electricity bills for those on a standard variable tariff down from £1,758 to £1,641 per year. In an “unusual
Energy bills could increase this summer when the price cap changes, with the UK Government preparing targeted help rather than universal support. 08:07, 25 Mar 2026Updated 08:09, 25 Mar 2026 7 things you should do before turning the heating on Energy bills could rise for millions of households when the new price cap – starting
Morgan Stanley warns high energy prices and rate hikes could cause ‘pronounced UK recession’ Britain’s economy could be dragged into recession by the end of this year by high energy prices and interest rate hikes, economists at Morgan Stanley have warned. Following this morning’s data showing a slowdown in private sector growth this month and
New homes will be built with solar panels and heat pumps, the Government has announced, with plug-in solar also set to be available in shops “within months” for existing homeowners. This marks a renewed push for clean energy. Ministers also unveiled plans for energy companies to offer discounted bills to residents living near wind farms
Rachel Reeves admitted the economic challenges from the Iran war may be ‘significant’ as she vowed to support Brits – The Mirror takes a look at the key points from her update 13:34, 24 Mar 2026Updated 13:35, 24 Mar 2026 Rachel Reeves gave an update to MPs in the Commons on plans to support people
Government trying to deploy the limits of its powers to massage down an inevitable inflationary spikepublished at 13:52 GMT 24 March 13:52 GMT 24 March Faisal IslamEconomics editor The approach to “price gouging” and “profiteering” from the chancellor is rather striking. It was just last year that the competition authorities were given a dressing down
On Tuesday, Marcos said the move would give the government the legal authority to impose measures to ensure energy stability and protect the broader economy. Under the order, a committee has been formed to oversee the orderly distribution of fuel, food, medicines, and other essential goods. The government has also been empowered to directly purchase
Reeves to indicate it wouldn’t be fair or affordable to offer every household helppublished at 11:49 GMT 11:49 GMT Chris MasonPolitical editor Image source, Getty Images In the Commons later, the chancellor will focus on the domestic impact of the ongoing situation in the Middle East. I am told there will be three elements to
“There is a flexibility we have to get back, accept not 100 percent solutions but allowing different solutions and technologies and accept that there might be a gap of maybe a 5 or 10 percent by 2050,” she added. “If you have strict and rigid goals, you bind yourself, it ends up that you lose
Using your kettle at certain times during the day – along with your tumble dryer – could be adding to your energy bills significantly, an expert has claimed 10:56, 24 Mar 2026Updated 10:57, 24 Mar 2026 Tweaking kettle habits could save you significantly on your energy bills(Image: Getty) Despite Ofgem’s decision to reduce the energy