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.
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Britain's largest residential gas and electricity supplier is set to pay ÂŁ1.5m in refunds and compensation after failing to provide customers with final bills.. Sky News
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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President Macron and his wife Brigitte attended a banquet at Guildhall, hosted by the Lord Mayor and City of London Corporation. They were joined by the Duke and Duchess of Gloucester. The event is part of the French state visit, celebrating ties between the UK and France. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Sir Keir Starmer and Emmanuel Macron have visited the British Museum to celebrate plans for a cultural exchange between the UK and France. The Prime Minister said: “In this new world our alliances are more important than ever… the UK is proud to stand shoulder to shoulder with France, supporting Ukraine and calling for sustainable peace in the Middle East.” Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Sir Keir Starmer has said the UK’s relationship with France is “as strong as it’s ever been” as he welcomed President Emmanuel Macron to Downing Street. The prime minister praised their “personal relationship” and said the state visit symbolised the closeness of both nations. He also reflected on their joint wreath-laying at Churchill’s statue, calling it a reminder of their enduring bond. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Sir Keir Starmer declines to rule out a wealth tax after Kemi Badenoch accuses him of “flirting” with the idea. The prime minister avoids a direct answer, instead defending Labour’s economic record and criticising past Tory policies. Badenoch warns such a tax would hit savings, pensions and homes, calling it a “tax on aspiration”. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Prime Minister Sir Keir Starmer confirms he stands by Labour’s manifesto pledge not to raise income tax, national insurance or VAT. Asked by Conservative leader Kemi Badenoch in Parliament if the promise still holds, Starmer simply replies: “Yes.” Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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