Category : Search result: budget cap


Energy price cap rises £3 despite wholesale cost drop

Ofgem announces a 0.2% energy price cap increase for January, adding £3 to typical bills. Experts question the rise as wholesale costs fall and pressure mounts for government intervention in the Autumn Budget.

UK inflation cools to 3.5% in October

UK inflation is forecast to have fallen to 3.5% in October, offering relief for households and a boost for the Government ahead of the autumn Budget.

Two-Child Benefit Cap Scrapped in Budget

Chancellor Rachel Reeves is set to abolish the controversial two-child benefit cap, a move that could lift thousands of families out of poverty. Discover the full story and its impact.

Reeves faces backlash over welfare cap freeze

Chancellor Rachel Reeves confronts mounting criticism from MPs and charities after confirming benefits will remain frozen despite economic pressures, sparking heated Commons debate.

F1 Boss Proposes Radical Reverse Grid Shake-Up

A leading Formula One team principal has called for dramatic changes including reverse grid races and budget cap adjustments to combat the sport's predictability crisis and financial pressures.

Reeves to scrap two-child benefit cap in budget

Exclusive: Labour government set to deliver major welfare reform as Chancellor Rachel Reeves prepares to lift controversial two-child limit on benefits in Autumn Budget announcement.

Ofgem cuts energy price cap by £122 from October

Millions of UK households will see a welcome reduction in their energy costs this autumn as the regulator announces a significant cut to the price cap, driven by falling wholesale prices.

Calls to Scrap "Cruel" Two-Child Benefit Cap Intensify

Pressure mounts on the government as a coalition of charities, MPs, and faith leaders demands the immediate abolition of the two-child benefit limit, citing soaring child poverty and its devastating impact on families across the UK.

Ofgem cuts energy price cap to £1,568 for millions

Millions of UK households will see energy bills fall from July as Ofgem announces a significant 7% drop in its price cap. The new rate of £1,568 marks the lowest level since Russia's invasion of Ukraine, offering welcome relief to consumers.

Ofgem Price Cap Falls: £122 Saving for UK Homes

Millions of UK households will see a welcome reduction in their energy costs this summer as the Ofgem price cap is set to fall by 7%. Get the full breakdown of the new rates and what it means for your bills.

Ofgem Cuts Energy Price Cap: Bills to Drop in July

Millions of UK households will see their energy bills fall this summer as the regulator Ofgem confirms a 7% reduction to the energy price cap. The average annual bill for a typical household will drop to £1,568 from July 1st.

Energy price cap to rise by £100 from October

Millions of UK households brace for higher energy costs as Ofgem announces a 4% price cap increase. Discover what this means for your winter bills and how to mitigate the impact.

Ofgem Cuts Energy Price Cap: Bills Drop by £122

Millions of UK households will see energy bills fall this summer as the regulator Ofgem announces a 7% reduction in the price cap. The average annual bill for a typical household will drop to £1,568 from July, offering relief amid the cost of living crisi

Ofgem Price Cap to Fall £122 in July for Energy Bill Relief

Major energy bill relief is coming this summer. The Ofgem price cap is predicted to fall by 7% in July, saving the average household £122 a year. Discover what this means for your wallet and why standing charges remain high.

Ofgem Price Cap Drops: Bills Fall by £122 in July

Great news for UK households! Ofgem's new energy price cap coming into effect in July will see the average annual bill drop to £1,568, saving consumers £122 a year. Here's what you need to know.

Martin Lewis' Urgent Energy Bill Warning

Money Saving Expert Martin Lewis delivers crucial advice for UK households as the Ofgem price cap is set to fall in April but rise again in winter. Discover whether locking into a fixed deal now could save you hundreds.

5 Key Money Changes Happening in September 2024

From energy price cap drops and cost of living payments to new travel rules and passport fees, here's your essential financial guide to everything changing in September 2024.

Ofgem to Cut Energy Price Cap, Saving Households £100

Millions of UK households are set for a welcome reprieve as the energy regulator Ofgem announces a significant drop in the price cap. The average annual bill is expected to fall by over £100, offering crucial relief amid the ongoing cost of living crisis.

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