Energy retail

Deficit scheme still possible before October cap increase

Weekend press round-up: Utilities and regulators ‘not fit for purpose’

In the latest round-up of the national newspapers for the summer bank holiday weekend, former government advisor and Oxford professor Sir Dieter Helm says the UK’s utilities and regulators are “not fit for purpose”. Meanwhile, the boss of oil giant Shell warns Europe could face years of energy rationing if Russia completely cuts off gas supplies and half of Tory voters support the nationalisation of energy according to a YouGov poll.

Ofgem to be sued for failing to shield low-income households

Ofgem reviews price cap profit margin

Industry reacts to ‘simply unaffordable’ price cap hike

Price cap to rise by 80% in October to £3,549

Ombudsman raises concerns over price cap messaging

Think tank calls for broad social tariff to avert ‘catastrophe’

All but one in 20 of the poorest half of households could be protected from this winter’s energy bill increase for just over 50% of the cost of the Labour Party’s proposed price cap freeze, a think tank has calculated. In a new report, published ahead of Ofgem’s price cap announcement on Friday (26 August), the Resolution Foundation warned the proposals for additional help outlined so far by the Conservative party leadership candidates and opposition parties "fall well short" of what is required to tackle what it described as a looming "catastrophe".

British Gas to donate 10% of profits during energy crisis

Shell pays out £537,000 after overcharging PPM customers

Covid-style advice campaign urged to slash gas use

Two thirds of firms face price hikes in next quarter

New PM faces bulging energy in-tray

As the Conservative leadership election enters its final stages, there are no prizes to guess what will be top of the new prime minister’s in-tray when he, or more likely she, enters No 10 Downing Street on 5 September. David Blackman speaks to the experts to find out how the incoming premier can deal with the cost of living crisis.

UK is ‘out of time’ to act on energy crisis

Anderson: Deficit fund is ‘being seriously considered’ by government