Tottenham Hotspur and Wales left-back Ben Davies has hailed the professionalism of Manchester City ace Oleksandr Zinchenko ahead of Sunday's huge World Cup play-off clash between Wales and Ukraine in Cardiff.
24.05.2022 - 15:33 / manchestereveningnews.co.uk
Energy executives have confirmed that the energy price cap will once again be rising in October amid an already soaring cost of living crisis.
Ofgem chief executive Jonothan Brearley has told the Business, Energy and Industrial Strategy Committee that the regulator is expecting an energy price cap "in the region of £2,800". He noted how conditions have worsened in the global gas market.
The main issue concerning the global market appears to be Russia's invasion of Ukraine, according to the executive. “I am afraid to say conditions have worsened in the global gas market since Russia’s invasion of Ukraine. Gas prices are higher and highly volatile. At times they have now reached over 10 times their normal level," he said.
Read more: Mum-of-five has to choose between food and heating after energy bills soar to £760 a month
“I know this is a very distressing time for customers but I do need to be clear with this committee, with customers and with the government about the likely price implications for October. Therefore later today I will be writing to the Chancellor to give him our latest estimates of the price cap uplift.
“This is uncertain, we are only part way through the price cap window, but we are expecting a price cap in October in the region of £2,800.”
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Tottenham Hotspur and Wales left-back Ben Davies has hailed the professionalism of Manchester City ace Oleksandr Zinchenko ahead of Sunday's huge World Cup play-off clash between Wales and Ukraine in Cardiff.
instead of a subscription to a streaming service that’s turned into an ongoing competition to make the world’s worst movie. Running time: 96 minutes. Not rated.
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Brits can expect to see their household bills increase again in October, with the energy price cap set to dramatically rise for a second time. In April, energy prices soared across the country as the cap rose from £1,277 up to £1,971 – an increase of £693 a year.
Energy bills could sky-rocketto £2,800 in October for millions of households, the energy regulator Ofgem has warned.
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