Page 38 - Ofgem News Today

The majority of Wilko stores are expected to shut with the loss of thousands of jobs after a white knight failed to step forward to rescue the collapsed retailer. The family-owned household and garden products retailer, which has about 400 stores and employs almost 12,500 people, will leave big gaps on high streets after the failure of talks with interested parties forced it to call in administrators this month. – Guardian

Leading renewable energy trade bodies warns 'post code lottery' created by plans to allow for localised energy pricing could badly undermine efforts to meet net zero goals

Everyone uses less energy. things might get a bit more affordable as ofgems price cap starts to come down, but remember, most of the government subsidies to help with bills have now ended. weve got more people who are in debt to their energy supplier, the amount of debt that theyre repaying is so much higher, and the research that were showing today shows that there are many millions of people who actually had to borrow in the first part of this year to be able to pay their energy bill. tomorrow...

If you're struggling to afford your gas and electricity bills, what options are available?

The UK energy regulator has fined Morgan Stanley for using WhatsApp to discuss energy market transactions.

Home prices have been propped up by a lack of housing which still forces buyers to bid higher. global stocks head for their worst month in nearly a year. broker aj bell says that the benchmark indices in the us, europe and china, have shed 2.8 trillion dollars in august so far. after a bumper start to the year, chinese economic data and surging us borrowing costs have dented investor confidence. online adverts for the retailer boots promoting four brands of infant formula on google broke adverti...

UK energy regulator Ofgem has fined the US bank Morgan Stanley more than £5.4m after its energy traders used WhatsApp to talk about transactions.

New ECIU analysis warns expected fall in energy price cap will still leave the most inefficient homes paying hundreds of pounds more each year compared to greener properties

The amount that an average household is expected to pay for its energy bills will fall by around £150 per year from the start of October, according to a new forecast

Industry analysis suggests annual gas and electricity costs for average homes will drop to £1,925 from October under regulator Ofgems energy price cap, which will be announced next Friday.