Bank of England
The Bank of England will provide a loan guarantee to gas and electricity firms under the government’s Energy Markets Financing Scheme
A fifth of businesses on fixed or hedged electricity contacts expect their bills to increase by more than 300% at the end of their contract
Chancellor Nadhim Zahawi has today confirmed the government is working on what needs to be done for January
Households could see bills jump as high as £4,210 in January, new analysis finds
The Bank of England has announced the biggest hike in interest rates since 1995
A charity has warned of “few signs of energy prices becoming affordable” this winter
The Bank of England has predicted that the UK economy will face “considerable uncertainty”
A think tank has warned calls for help will continue next year if energy prices remain high
Households spent 7% more on energy bills last month compared to March, according to a new report
The boss of the retail giant has said customers are “extremely stretched” because of price rises