Page 51 - Ofgem News Today

Ofgems energy price cap for the coming quarter has fallen but energy bills are still expected to be high, even with the price guarantee in place.

Businesses are facing several other changes from tomorrow including increases in corporation tax and the national living wage.

UKHospitality has warned that without meaningful action to rein in ‘profiteering energy suppliers’, the sector will no doubt see thousands of venues go out of business this year.

Energy Security Secretary Grant Shapps said the figures give a ‘clear and horrifying’ picture of the extent of the issue.

Ten construction firms have been fined a combined £60m by the competition regulator for “illegally colluding” to rig bids for lucrative contracts for projects including Bow Street magistrates court and Selfridges department store. The Competition and Markets Authority (CMA) found that the companies had acted as a cartel over 19 private and public sector contracts that were worth a total of £150m. – Guardian

Is to ensure our young children get the reading and skills and training and education they need and because of the reforms introduced by previous conservative government, particularly with phonics, we have now marched up the international league table and have the best result for reading we have seen in a very long time. result for reading we have seen in a very long time-— result for reading we have seen in a very long time. more than a quarter ofthe very long time. more than a quarter of the...

Households with prepayment meters for gas and electricity will get help to ensure they are charged no more than those who pay via direct debit, Jeremy Hunt (pictured) announced today.

Measure concerns over 4 already announced. the second measure concerns over 11 million households and prepayment meters. they are often the poorest households, but they currently pay more than comparable customers on direct debit. ofgem has already agreed with suppliers a temporary suspension to forced relations prepayment meters, today i go further and confirm we will bring their charges in line with comparable debit charges. under a conservative government, the energy premium paid by our poore...

The energy regulator said that it had examined whether suppliers were living up to their duties towards businesses.

Open letter to government from Energy Networks Association, Green Alliance, RenewableUK and others warns UK progress towards net zero risks stalling unless Ofgem given net zero mandate