Suppliers ask for government help to stop energy bills soaring by 50 per cent

United Kingdom News News

Suppliers ask for government help to stop energy bills soaring by 50 per cent
United Kingdom Latest News,United Kingdom Headlines
  • 📰 The Independent
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 59%

Industry calls for ‘radical’ measures to cut bills as prices rocket

On Wednesday, Ofgem revealed it had agreed that £1.8bn of costs resulting from the failure of 26 suppliers would be recouped through customers’ bills. The figure equates to £67 per household, with analysts forecasting it will rise to £90.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

The Independent /  🏆 80. in UK

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Energy bills to soar 50% unless government intervenes, industry warnsEnergy bills to soar 50% unless government intervenes, industry warnsHouseholds face another sharp rise unless the government intervenes to ease the impact of gas prices.
Read more »

Energy bills could rise by 50% amid ‘national crisis’ of soaring UK pricesEnergy bills could rise by 50% amid ‘national crisis’ of soaring UK pricesIndustry calls on government to intervene, with situation ‘looking pretty serious for the spring’
Read more »

Gas and electricity bills ‘to rise 50% by spring’Gas and electricity bills ‘to rise 50% by spring’Household gas and electricity bills will increase by 50 per cent with typical costs reaching £2,000 a year, the energy industry has warned.Ministers are being u
Read more »

Dirty Harry at 50: Clint Eastwood’s seminal, troubling 70s antiheroDirty Harry at 50: Clint Eastwood’s seminal, troubling 70s antiheroThe off-the-leash cop archetype was cemented with Don Siegel’s taut, provocative thriller that neither condemns or condones extreme measures
Read more »

The 50 Most Anticipated TV Shows of 2022The 50 Most Anticipated TV Shows of 2022From new series like Pam & Tommy and The Gilded Age to returning series like Bridgerton, Ted Lasso and Atlanta
Read more »

US adds Merck pill to treat Covid as Omicron reaches all 50 statesUS adds Merck pill to treat Covid as Omicron reaches all 50 statesBREAKING: US adds Merck pill to treat Covid as Omicron reaches all 50 states
Read more »



Render Time: 2025-02-25 01:03:36