Energy boss expects Ofgem to bring down standing charges

Highlights:,Soaring fuel prices are likely to push a significant chunk of UK households into fuel poverty by January, a new study has revealed.,About 18 million families will plunge into financial precariousness, the study warned.,With,inflation,hitting a...

UK households are set to face a higher energy price cap in October.

UK households have been facing soaring energy bills over the past months, and the situation is aggravating further.

Rising energy bills have contributed significantly towards the escalating cost of living crisis in the UK.

Highlights:,While soaring bills are troubling Brits, they have boosted the profits of energy firms.,Shell and Centrica reported their results on Thursday, announcing huge gains.,Millions of Brits are troubled by the soaring,energy,and fuel bills. The Russ...

UK households have been warned that energy bills may escalate further over coming months.

The International Energy Agency has warned that the global energy crisis might aggravate in the coming months.

Highlights:,Norweigan gas producer Equinor has announced that three sites in the country would halt production due to strikes by workers.,If the situation escalates, the gas supply to the UK from Norway may be shut off this weekend.,Gas prices in the UK h...

Highlights:,Even as global oil prices come down, fuel prices in the UK continue to touch record highs.,The retailers have been accused of 'rocket and feather' pricing.,Fuel prices in the UK have been hitting new highs even though global,oil prices,are com...

Highlights:,About 45% of the adults surveyed by the ONS said they have cut back on non-essential travel due to high fuel prices.,Nine out of 10 people have expressed major concerns over the rising cost of living.,With,inflation,crossing 9% in May, million...