"The coming winter is going to be difficult for many customers and we believe that this announcement will reassure both existing and new customers that they can have predictability about energy costs for the coming months," Mr Fay said.
With energy bills set to rise again in October, households need to review their energy bills, looking at their tariff and their provider and compare available rates to help ensure they are getting the best value for money. While our survey shows that households across the UK are understandably worried about the rising bills, many people aren't taking action, even when there may be better options out there. Even if the savings feel small, over the course of a year they could really add up.
The tech behemoth was planning to rezone the acreage for the data center, but then withdrew the plans at a raucous Monday meeting where the Indianapolis City Council was expected to vote on whether to approve the rezoning, according to NPR affiliate WFYI. Cheers reportedly broke out among the overflowing crowd when attorneys from Google said they were pulling out.
He said: The business community want strong, stable policy signals, and flip-flopping is not good for investment. We see it right now in the US with a huge brain drain and capital drain, as whole sectors are being de-invested or even attacked. Consistency in the direction of UK policy over the last 20 years when successive Labour and Conservative governments vowed to press ahead with tackling the climate crisis, until Rishi Sunak's premiership had benefitted the economy, he said.
The Resolution Foundation thinktank found that the number of customers in energy debt has increased and the size of their debts has risen. It found that between 2012 and 2024 the average gas and electricity debts more than doubled to 1,400 and 1,600, respectively, from an average of approximately 500. The number of customers behind on their electricity bills, with no repayment plan, has more than tripled from 300,000 in 2012 to more than 1m at the end of last year, the report found.
We want de-escalation because it's the right thing for the Middle East, but we also want de-escalation because of the ramifications of conflict in the Middle East for the rest of the world, including the UK.
"Israel's large-scale strikes on Iranian facilities and senior leadership risk triggering a significant Iranian response that could target economic interests across the region..."
"The fall in the price cap is a welcome development and will bring much-needed breathing space for households after a prolonged period of high energy costs..."
According to MoneySavingExpert founder Martin Lewis, the "Trump effect" is helping to drive down wholesale energy prices, which means a small drop in domestic bills is likely this summer.
