UK fuel prices hit new record

Experts have predicted prices will go higher after the EU’s decision to ban Russian oil imports

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

Energy prices expected to heat up next summer

The price cap is set to rise by 14% to £1,455, new analysis finds

Ofgem warns UK energy companies over suspicious activities in the market

Ofgem has warned energy companies that they could be fined or face prosecution if they manipulate wholesale energy prices. In a letter sent “to wholesale market participants and other interested parties”, the regulator said “concerns have raised with us in respect of certain behaviours that may be taking place within the market”. Ofgem’s letter refers to […]

Big Six firms ‘should auction all their energy’

New, smaller energy firms are chomping at the bit to get access to more of the energy generated by the Big Six. The business director of Co-operative Energy revealed yesterday he was keen on Ofgem’s proposals to force the UK’s biggest suppliers into making their energy available on a wholesale market, in an auction – […]