South West Water vows price freeze until 2015

South West Water (SSW) has pledged to not raise standard tariffs and standing charges for householders and businesses next year. The Exeter-based water and sewerage company has also proposed to keep average bill rises below inflation up to 2020 for all of its 800,000 customers. The move comes after bills in the region tumbled by […]

“All eyes” on Bank of England boss for effect on gas prices

“All eyes” will be on the new Governor of the Bank of England tomorrow morning in case he announces a new policy direction which could have a knock-on effect on gas prices, according to energy market experts. Whatever the Bank’s new Canadian boss Mark Carney announces during a press conference on inflation targets at 10.30am, […]

‘Bill hikes add pressure to homes’ says union

Energy bill hikes are adding to a “huge squeeze” on living standards, a trade union has claimed. The comments came in response to the latest inflation figures published this week by the Office for National Statistics show that Consumer Price Index inflation remained unchanged at 2.8%. The ONS said the CPI remained “broadly flat” through […]

Businesses and homes urged to use rainwater harvesting

UK businesses and households are being urged to use rainwater harvesting technology to offset the rise in water bills announced yesterday. The call from energy saving advisors at Enevis follows Ofwat’s announcement of the above-inflation rise to household water bills. The regulator confirmed average household water and sewage bill would increase by 3.5% from April […]

Energy price hikes kept inflation at 2.7%

Rising gas and electricity prices in the UK kept inflation at a rate of 2.7% in December last year. Figures from the Office for National Statistics (ONS) showed the annual rate of inflation, measured by the Consumer Prices Index (CPI), was static for the third month in a row. The CPI is the main UK […]

Oil and gas workers feel ‘under appreciated’

Professionals in the oil and gas industry feel “under appreciated” as pay rises have failed to keep up with inflation. The claim was made by Change Recruitment, whose report showed more than a quarter of oil and gas workers felt they were not appreciated by their company and 75% confessed to job hunting. It also […]

Water bills rise by 5.7%

As of today water bills in the UK rise by 5.7%, making the average household bill cost £376. The figure is 0.5% above the 5.2% rate of inflation. The regulator for water and sewage says the extra cost will put £22 billion into infrastructure improvements. Regina Finn, Ofwat Chief Executive Officer warned they would get […]