India  

Energy bills to drop in July after Ofgem decreases price cap

Video Credit: ODN - Duration: 00:36s - Published
Energy bills to drop in July after Ofgem decreases price cap

Energy bills to drop in July after Ofgem decreases price cap

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." Report by Kennedyl.

Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn


You Might Like


💡 newsR Knowledge: Other News Mentions

Miatta Fahnbulleh (politician) Miatta Fahnbulleh (politician) Liberian-born British economist (born 1979)

Minister says govt is ‘absolutely focussed on’ de-escalation [Video]

Minister says govt is ‘absolutely focussed on’ de-escalation

Energy minister Miatta Fahnbulleh says the government is “absolutely focussed on” trying to stop military escalation between Iran and Israel, insisting “every lever” is being used to deliver the objective. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:04Published

Facebook Facebook Social networking service owned by Meta Platforms

Sharon Osbourne pays emotional tribute to Ozzy [Video]

Sharon Osbourne pays emotional tribute to Ozzy

Sharon Osbourne broke down in tears as she paid tribute to her late husband Ozzy Osbourne at his coffin procession in Birmingham on Wednesday. The procession was accompanied by a live brass band performance by musicians from Bostin’ Brass. Sharon was supported by her children Kelly and Jack as she laid a single rose amongst the dozens of floral tributes to the late Black Sabbath star. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:39Published
40,000 new homes to be built on railway sites [Video]

40,000 new homes to be built on railway sites

The government has announced plans to build 40,000 new homes on brownfield railway sites. Discussing the plans,Transport Secretary Heidi Alexander said it will lead to the "highest rate of house building in 40 years". Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:50Published
PM 'under pressure' to recognise Palestine, Tories claim [Video]

PM 'under pressure' to recognise Palestine, Tories claim

Priti Patel has claimed the prime minister was "under enormous political pressure" from his backbenchers to recognise Palestine as a free state. The shadow foreign secretary added that Keir Starmer's decision to recognise Palestinian statehood was "ill-timed". Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:36Published
TEST [Video]

TEST

TEST Report by Munyanyim. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 02:27Published
PM: UK to recognise the state of Palestine [Video]

PM: UK to recognise the state of Palestine

The UK will recognise the state of Palestine in September unless Israel takes “substantive steps” to end the “appalling situation in Gaza”, Sir Keir Starmer has said. The UK and its allies need to see “at least 500 trucks entering Gaza every day” to deliver aid, the Prime Minister added. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 02:47Published

Related videos from verified sources

Martin Lewis sceptical about price cap update [Video]

Martin Lewis sceptical about price cap update

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..

Credit: ODN     Duration: 01:43Published
Ofgem confirms 7% drop in prices [Video]

Ofgem confirms 7% drop in prices

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..

Credit: ODN     Duration: 01:06Published