Shoppers who frequent Tesco, Aldi and Sainsbury's say they have 'given up' after seeing how much own brand butter now costs. Earlier this year shoppers were gobsmacked as the price of Lurpak shot up to as much as £7.50 per pack in some shops.
30.08.2022 - 16:45 / dailyrecord.co.uk
The cost of charging an electric vehicle at home and at public charge points is set to increase following the Ofgem price cap rise, which will come into place on October 1.
Right now it costs £18.37 on average to charge a typical family-sized electric SUV, but after the cap rise it may cost as much as £33.80 to fully charge the same car, according to the RAC.
While fuel prices have begun to drop, motorists who have switched to an EV and opted for a home charger could be in for a nasty price hike.
There may be an increased cost at public charge points due to rising wholesale costs following the raised price cap.
This comes after months of sky-high petrol and diesel prices, with early July seeing the average price of petrol and diesel both nearing £2 per litre in the UK.
RAC spokesman Rod Dennis said: "The impact of the energy price cap increase will certainly be felt by drivers who charge their electric cars at home, with a full charge of a typical family-sized electric SUV costing 84% more from 1 October than it did under the old cap - £33.80, compared to £18.37.
"Despite recent falls in the price of petrol and diesel, the cost of charging at home is still good value compared to paying for either fuel, but again underlines just how the rising cost of electricity is affecting so many areas of people’s lives.
"We’re also aware that public chargepoint operators are having no choice but to increase their prices to reflect the rising wholesale costs they’re faced with, which will heavily impact drivers who have no choice other than to charge up away from home.
"The RAC continues to support the FairCharge campaign call for the Government to cut the VAT rate levied on electricity from public charge points to 5%, to mirror the
Shoppers who frequent Tesco, Aldi and Sainsbury's say they have 'given up' after seeing how much own brand butter now costs. Earlier this year shoppers were gobsmacked as the price of Lurpak shot up to as much as £7.50 per pack in some shops.
Ofgem has said it will continue to announce the cap on household energy prices, despite the UK Government saying it would guarantee lower bills for customers. The energy regulator said that it plans to still make the announcements every three months, as it continues to regulate how much suppliers can charge for their services.
Prime Minister Liz Truss has announced a new energy price guarantee which will hold average household bills to no more than £2,500 for the next two years running up to a general election.
This Morning has been criticised as “dystopian” for offering to pay viewers’ energy bills in a segment. The show, with Phillip Schofield and Holly Willoughby, offers viewers the chance to win cash prizes such as £1,000 or £3,000 with the presenters spinning a wheel of prizes in the show’s popular ‘Spin to Win’ segment.
A ‘missing’ poster has been issued for Douglas Ross over his absence from the debate over the cost of living crisis.
Death Cab For Cutie have announced plans for a UK and European tour in 2023. See the full list of gigs below, and find tickets here.The band will hit the road for a series of shows which kick off on March 1 in Milan before the tour reaches the UK at Rock City in Nottingham on March 18.
Prime Minister Boris Johnson has announced that Brits can expect more government support as energy prices soar.
New research from GoCompare Energy has found that 83 per cent of energy customers have seen their fuel bills increase since Ofgem’s price cap came into force in April. The research, which also asked more than 2,100 people what they are doing differently to try and cut costs, discovered that over two-thirds (64%) of those surveyed have started turning off the lights when they leave a room, making this the top measure people are taking to save money and reduce energy usage around the home.
Millions of households across Scotland and the rest of the UK are preparing for a shift in seasons which will force everyone to tighten their spending and put an even tighter squeeze on budgets as energy bills are set to rocket by more than 80 per cent from £1,971 to £3,549. Ofgem announced the new energy price cap on August 26 and it will come into force on October 1.
As the school summer holidays draw to an end, single mum Bev Arrowsmith had felt a small sense of relief, as her children could return to eating free school meals and wouldn't be spending all day at home.
Energy bills are set to rise again when a new price cap comes into effect in October. On Friday, Ofgem announced that the energy price cap would be set at £3,549 this autumn - an increase of around 80 per cent on the current cap of £1,971.
Martin Lewis has made an urgent plea to the government and future prime minister as households prepare to brace for the increased energy price cap in winter.
The energy price cap will rise yet again in October, soaring to £3,549 in the autumn. Regulator Ofgem announced the increase on Friday (August 26) and said the new price cap will last for three months until October 1.
Regulator Ofgem today announced that the typical household energy bill will hit £3,549 a year from October 1. This is a huge increase on the current energy cap of £1,971 for the average household.
Martin Lewis has called the new energy price cap "devastating" and has warned that "lives will be lost", as rising costs will put vulnerable people at risk.
Households are set to find out later today how much they will be paying for their energy bills in October when the price cap is announced.
A 21 year old man has been charged in connection with the murder of Tyson Fury ’s cousin Rico Burton, after he was fatally stabbed in Greater Manchester on Sunday morning, Greater Manchester Police has confirmed. Liam O’Prey of no fixed abode, has been remanded in custody and will appear at Manchester and Salford Magistrates’ Court on 24 August, after being arrested following the death of Rico Burton, who was the cousin of world heavyweight boxing champion Tyson Fury.
Nicola Sturgeon has renewed calls for an energy price freeze as she warned of a “looming disaster” if the price cap rise comes into effect in October. The Scottish First Minister is to convene a crisis summit with the leading energy companies ahead of Ofgem’s latest energy price cap announcement which is due on on Friday.
Household energy bills continue to soar as Ofgem increases the price cap once again. Which is why Martin Lewis, the man behind the Money Saving Expert, is urging bill payers to look into fixed tariffs as it may work out cheaper, including for Octopus Energy customers.