Lewis: ‘Good news’ that energy bills are set to fall
Video Credit: ODN - Duration: 05:25s - Published
Lewis: ‘Good news’ that energy bills are set to fall
Money Saving Expert, Martin Lewis, says it’s “good news” that average household energy bills are set to fall by £426 a year from July, It comes as Ofgem announced plans to drop its price cap after tumbling wholesale prices.
Households will therefore pay an estimated 17% less for the energy they use.
Report by Ajagbef.
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Martin Lewis said the government's decision to U-turn the winter fuel payment is a "huge relief" for pensioners. Rachel Reeves confirmed on Monday that pensioners earning less than £35k will be eligible to claim winter fuel payments this coming winter.
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Money Saving Expert Martin Lewis welcomed the price cap drop with caution saying it's “nothing to write home about”. It comes as households across Britain are expected to see their energy bills fall from July 1 after the regulator lowered its price cap by 7%. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Households on the energy price cap will see a 7% reduction in their average annual payments from 1 July, Ofgem has confirmed. Ofgem's Tim Jarvis urged households on the price cap to "shop around" for savings as there are "better deals out there" despite the reduction in the default tariff. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Household energy bills will drop by 7% from July, the energy regulator Ofgem announced on Friday.
Ofgem's announcement is the first drop in the energy price cap for more than a year. Energy secretary Miatta Fahnbulleh welcomed the announcement, saying: "Bills going down will be a big relief for families who are under pressure with the cost of living. We have to continue the work of getting bills down for good."
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Steve Rotheram has paid tribute to "family man" Diogo Jota, who has died in a car accident aged 28 in the Spanish province of Zamora. The mayor of Liverpool City Region shared his "devastation" at the news adding, "it's a loss to football and it's a loss to Liverpool Football Club, but it's an unbelievable loss to his family". Jota's brother Andre Silva also died in the accident. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Angela Rayner says the news that Liverpool footballer Diogo Jota has died in a car accident is "heartbreaking". The deputy prime minister says she was in Liverpool for a local government conference when she heard the news, before visiting Anfield to lay flowers. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Chancellor Rachel Reeves says it is "clear" she was "upset" at PMQs on Wednesday, adding the reason she was tearful was down to a "personal issue". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Tributes have poured in for Liverpool and Portugal forward Diogo Jota who has died in a car crash in Spain. The 28-year-old and his younger brother André Silva were both killed in the accident on the A-52 motorway in Zamora. Jota married his long-term partner Rute Cardoso, with whom he had three children, just last month. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Sir Keir Starmer has unveiled a 10-year plan to make the NHS "fit to face the future". The prime minister says the government will shift the NHS from a "sickness service" to a health service that "prevents diseases" and embraces technology. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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