Octopus Energy submits the only bid for collapsed supplier Bulb Energy after auction process July 20, 2022 The Government is weighing up Bulb Energy's future after the auction process for the fallen energy firm attracted just one bid.
Martin Lewis warns government of ‘financial time bomb’ as cost of living crisis worsens July 20, 2022 Martin Lewis warned the government of a “financial time bomb” due to explode in September as the UK’s cost of living crisis intensifies. The founder of MoneySavingExpert.com issued an “open video letter” to the current Conservative Party leadership candidates and warned of even higher energy costs and civil unrest as the UK struggles with record [...]
Government unveils £75m nuclear fund to secure fuel production for new reactors July 19, 2022 Downing Street has unveiled a £75m strategy to boost investment into the production of fuel for nuclear reactors.
E.ON backs ringfencing proposals as energy firms lock horns over market reforms July 19, 2022 One of the UK's largest energy firms has sided with Centrica in the escalating industry row over ringfencing customer credit balances.
Government suffers setback as judge rules net zero plans are ‘unlawful’ July 19, 2022 Ministers will have to rewrite their plan for net zero carbon emissions, after the High Court determined the current strategy was 'unlawful'
EU braces for supply shortages amid growing doubts over Nord Stream gas flows July 19, 2022 The executive arm of the European Union has raised the prospect of supply shortages this winter, revealing it does not expect NS1 to come back online.
Yü Group anticipates sharp rise in revenues as it prepares smart meter rollout July 19, 2022 Yü Group has posted a bullish trading update, with the challenger supplier expecting a 90 per cent boost to half-year revenues.
Bosses weigh up closing hospitality and leisure businesses as high energy prices take their toll July 19, 2022 Companies operating within the hospitality and leisure sector are struggling to tame high energy bills, revealed eEnergy.
Brits prepared to pay more tax to support vulnerable households facing soaring energy bills July 18, 2022 A majority of people have said they would pay more tax to fund support for low-income households facing soaring energy bills.
AA urges retailers to pass on drop in wholesale costs so drivers can enjoy savings at the pumps July 18, 2022 Drivers could save £10 per tank within the next two weeks, if plummeting wholesale costs are finally reflected in forecourt prices, says the AA.
