What is the energy price cap and what does it mean for you?

  • 📰 The Independent
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 59%

Energy Energy Headlines News

Energy Energy Latest News,Energy Energy Headlines

What is the energy price cap and what does it mean for you? EnergyPriceCap

, the trade body for British suppliers, called for VAT to be cut on household bills from 5 per cent to zero and for an industry-wide financing scheme to allow its firms to spread the cost of gas price spikes over several years.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 80. in ENERGY

Energy Energy Latest News, Energy Energy Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Biggest rise ever in British energy bills to push 2.5m more into fuel stress – business liveLive rolling coverage of business, economics and financial markets as price cap means average energy prices to rise for millions of households Lost count if the number of times the rag has tweeted the same news. Don't forget though that the single objective of the rag IS TO GET THE LABOUR PARTY ELECTED Serves em right.
Source: The Guardian - 🏆 84. / 53 Read more »

Biggest rise in British energy bills takes effect pushing 2.5m more into fuel stress – business liveLive rolling coverage of business, economics and financial markets as price cap means average energy prices to rise for millions of households
Source: Guardian news - 🏆 28. / 68 Read more »

'I've taken a second job to pay the energy bills'Daniel Cooke, a construction site manager from Somerset, has taken a second job to pay rising energy bills. Clearly living beyond his means. Just like the tax credit crowd who with the extra £20 a week over the pandemic got something new on credit rather than realising it would be taken back at some point “Quit everything people quit living, and start Surviving”-Taoist It will be interesting to see how many Tattoo parlors close
Source: BBCNews - 🏆 3. / 97 Read more »

Biggest jump in domestic energy bills in living memory hitsThose spending at least 10 per cent of their total budgets on energy bills – was doubled overnight from 2.5 to five million
Source: Evening Standard - 🏆 92. / 53 Read more »

Energy price cap: Bill shock for millions as rises hitA host of essential bills - dominated by energy - are rising from now with warnings of more to come. OF COURSE THEY HAVE. How tonedeaf is this tweet How many people get their bills before 7am on the first of the month? I'd have thought not many. Local Borough Council made a big thing of holding down Council Tax, though that is capped by HMG !! Keeping very quiet about Town Centre Car Park increasing 25-40% to make up for massive drop in visitors and income. Income from car parking use to be much higher than Council Tax!
Source: BBCLondonNews - 🏆 115. / 51 Read more »