UK looking at more relief to energy-hungry industries

Big energy users could soon claim an exemption of up to 100% of their environmental and policy costs

Households paid £280m bill for string of energy firm collapses

Suppliers which took on customers of failed companies allegedly sent claims totalling this amount to UK Power Networks

Council to buy energy for the next eight months ahead to save money

The move is believed to limit Slough Borough Council’s exposure to volatile energy prices

Petrol stations blamed for ‘rocket and feather’ pricing

Petrol prices hit a new record average price of 191.1p on Monday

“Fuel and energy price rises are catastrophic”

Money Saving Expert Martin Lewis has said he is “virtually out of tools” to help people

SSE Airtricity increases gas prices by 39%

A consumer organisation said that is the biggest rise in gas prices for the company’s network since 2011

Russia’s war on Ukraine ‘could leave 8.5m UK households in fuel poverty’

The government has been urged to add further measures to its upcoming Economic Statement

British Gas profits soared by 44% in 2021

Centrica’s company reported adjusting operating profit that reached £118 million last year

Trade association warns postponement of ECO scheme could derail net zero

The Association for Decentralised Energy said the reported cancellation of ECO scheme would hurt vulnerable customers

Boris Johnson rejects calls to remove VAT from household energy bills

The Prime Minister described the proposed measure as a “blunt instrument”