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.
10.08.2022 - 14:33 / manchestereveningnews.co.uk
An energy boss has called for the government to do more to help customers struggling with the cost of living crisis.
Greg Jackson, the founder of Octopus Energy, appeared on BBC Radio 4's Today programme and claimed that the government's relief package intended to help households were "clearly not sufficient now".
He also called on energy companies and the government to rally together and figure out how to solve the energy crisis, stating that there is "no company that can tackle this problem alone or indeed working just with other companies. It needs companies and governments to work together".
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He continued: "I think, as I said, the last support package was really significant. It’s just that the crisis has deepened since then, and that’s why it needs revisiting. We just know that the level of increases is going to be unmanageable for so many without the right support from the Government and it’s beyond what any one company can do.”
Meanwhile, Chancellor Nadhim Zahawi and Business Secretary Kwasi Kwarteng have announced that they will ask gas and electric companies to submit a breakdown of expected profits and payouts as well as investment plans for the next three years.
It has also been confirmed by Education Secretary James Cleverly that meetings will take place to examine concerns over energy blackouts this winter. He said the UK is in a "better position than many" when it comes to domestic energy supply, but it is "not going to be easy".
Mr Cleverly told ITV’s Good Morning Britain (GMB): “The Chancellor of the Exchequer and the Business Secretary are actually calling in the leaders of those big energy
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.
Rylan Clark hit back at viewers who accused him of being 'too rich' to understand the energy crisis as he hosted ITV's This Morning alongside Ruth Langsford on Friday morning. It came as the pair reacted to the news that the energy price cap would soar by around 80 per cent to £3,549 from October.
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.
Rylan Clark was forced to hit back at This Morning viewers on Friday after many suggested that he didn't need to worry about the rising price of energy bills. Rylan, 33, has been hosting the ITV show alongside Ruth Langsford, 62, over recent days while Phillip Schofield and Holly Willoughby continue to enjoy their summer break. On 26 August it was announced that the energy price cap is set to increase again from 1 October, and Money Saving Expert founder Martin Lewis appeared on Good Morning Britain, This Morning and Lorraine to provide advice.
Like the rest of the country today, This Morning hosts Rylan Clark and Ruth Langsford reacted to the rocketing energy price cap amount that was confirmed earlier by Ofgem.
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.
Bosses at Asda have said they are determined to “keep grocery bills in check” as many customers continue to struggle with the rising cost of living. It comes as the supermarket chain saw sales decline over the past quarter.
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.
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The UK’s cost of living crisis is getting worse with many expert warnings about rising bills leaving many worrying about how they will survive the next few months. With autumn and winter approaching many are fearful of a hike in bills and in particular energy bills as they look at how they will keep their homes warm in the colder months.There have been warnings of energy bills surpassing £5,000 next April, according to a recent shock forecast.
As energy costs continue to soar with Autumn fast approaching leading to a drop in temperatures across the country, keeping tabs on your usage is more crucial than ever. Over the last few months, Martin Lewis has warned Brits about the surge in electricity and gas prices, leading to a cost of living crisis that is only bound to get worse once winter arrives.There have been warnings of energy bills surpassing £5,000 next April, according to a recent shock forecast. With many people worried about how they are going to pay their bills it's important to try and reduce energy usage as much as possible.
COVID pandemic unless the government takes immediate action.Earlier this week, five organisations representing the UK hospitality sector penned an open letter to the UK government, highlighting “rocketing energy prices” that are forecast to become “a matter of existential emergency” later this year – and demanding that the government act soon to prevent a catastrophe to UK culture.In the hospitality sector, operators are facing average annual bill increases in the region of at least 300 per cent, meaning that many businesses and jobs in the sector are “at grave risk”.Now, Music Venue Trust CEO Mark Davyd has spoken to NME of the true threat posed by the looming price rise, comparing it to the COVID pandemic which at one point saw 93 per cent of the UK’s grassroots music venues were under threat of being closed forever due to losses caused by restrictions.“Without action from the government, we are now modelling that this will close more venues than the pandemic,” he argued. “We don’t see any other outcome.”He continued: “It feels weird to say it, but unlike during COVID when you could go, ‘OK, we need to raise some money now because in a year’s time the venues will be open’, we can’t do that now because they’ll have to pay another electricity bill next year and the year after that, obviously.
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.
It's been a tough few months keeping up with our gas and electricity bills and unfortunately it's only going to get harder for us and many others.
Energy bills are rising and many consumers will see their gas and electricity payments shoot up even further from October. Consumers are being warned of sharp rises with the possibility of their direct debits going up before the new cap on energy prices begins.
Energy bills are continuing to sky rocket and many householders will be wondering how they can afford to pay their gas and electricity bills. Latest predictions forecast that annul bills could reach £4,266 in January.
The energy price cap is currently £1,971 per year on typical use for England, Scotland, and Wales. This is due to rise around 70% in October, the details of which will be announced at the end of August.
Three, Giffgaff, Sky, BT and more have said they offer customers a fair data roaming deal despite a damning report from Martin Lewis which suggests many holidaymakers are being caught out by charges.