EU member states back safeguard measures on steel after US tariffs

It will come into force after it is formally adopted in July

EU hits back with tariffs on US imports of steel and other products

The European Commission confirmed the 25% duties will come into effect on Friday

Trump extends steel tariffs relief for EU and other allies

He previously announced plans to impose tariffs of 25% on US imports of steel and 10% on aluminium

UK to seek exemption from US steel import tariffs

UK Trade Secretary Liam Fox is travelling to Washington today where he will be discussing the duties

SSE loses 40,000 customers and continues npower talks

Big Six energy supplier SSE lost 40,000 customers over the past three months as households continued to switch away from larger providers to smaller rivals offering cheaper tariffs. The group suggested the energy market was facing “complex challenges” after its numbers of customers in the UK and Ireland dropped from 7.72 million to 7.68 million over […]

Trump slaps tax on foreign solar panels

The US Government has confirmed it will be imposing tariffs on imported solar panels. The announcement marks Donald Trump’s first major trade action of 2018 and is part of his “America First” policy. A tariff of 30% will be applied to imported solar panels, most of which come from China. It will fall to 25% […]

Lack of switching options ‘costing NI customers £82m’

A lack of switching options is costing energy customers across Northern Ireland around £82 million per year. That’s according to Echo Managed Services, which suggests only 28% of consumers have switched suppliers in the last year, compared to around 38% across the rest of the UK. It estimates this could be costing up to £145 […]

Tariff switching hits new heights in 2017

Switching figures for this year have hit nearly five million, topping 2016’s record heights. That’s according to the latest figures from Energy UK, which suggest this has been partially driven by new companies joining the Energy Switch Guarantee (ESG), which now covers more than 90% of the market. The industry-led initiative sees companies sign up […]

Customers ‘in the dark over energy bills’

  As many as 13 million households are unaware they could be on the UK’s worst value energy deals. That’s the verdict from customer communication specialist Wiraya, which has claimed of the 66% of UK households estimated to be on the worst value tariffs by Ofgem, just 17% are actually aware of it. In a […]

Utilita freezes energy prices until April 2018

Independent energy supplier Utilita has committed to freeze prices until at least 1st April next year. It is also cutting its tariff, with the average dual fuel customer saving 1.8% or £19.17 a year. The supplier claims customers will be paying around £184 less on average per year than Big Six customers on the standard […]