There is a dimension to the energy price issue which is not discussed at all, which massively impacts the way in which domestic energy is priced in the UK. The rules are set by Ofgem, the government regulator.
New figures from the ONS reveal transport & storage companies (including logistics, parcels and warehousing) are more optimistic than comparable sectors such as retail and manufacturing about March's revenue prospects. The home delivery expert Parcelhero says the sector's confidence has soared in recent months.
Every 3 months we review and set a level for how much an energy supplier can charge for each unit of energy and daily standing charge, under the price cap. From 1 April to 30 June 2025 the price for energy for a typical household who use electricity and gas and pay by Direct Debit will go up by 6% to £1,849 per year. For a typical household, this will add £9.25 a month to their energy bills. This is 9% £159 per year higher than the price cap set for the same period last year, from 1 April to 30 June 2024 (£1,690). Energy price cap rates 1 April to 30 June 2025 Electricity rates If you are on a standard variable tariff (default tariff) and pay for your electricity by Direct Debit, you will pay on average 27.03 pence per kilowatt hour (kWh).
Environment Secretary to announce reform package to boost farmers' profitability as part of the Plan for Change. New reforms to make farming more profitable will be announced today by the Secretary of State for Environment, Food and Rural Affairs Steve Reed.
The Nuclear Decommissioning Authority has announced it's establishing a Plutonium Ceramics Academic Hub with the Universities of Manchester and Sheffield. The Nuclear Decommissioning Authority (NDA) has announced it's establishing a Plutonium Ceramics Academic Hub with the Universities of Manchester and Sheffield.
FTSE Women Leaders Review and UK Government publish latest report on women in leadership roles at FTSE350 companies. UK leads the world in drive to increase the number of women on boards and in leadership at the top of firms.
Explanation of vote by Ambassador Barbara Woodward, UK Permanent Representative to the UN, in the UN General Assembly Emergency Special Session on Ukraine. The United Kingdom welcomes the resumption of this Special Session on Ukraine.
Energy regulator Ofgem has today [Tuesday 25 February 2025] announced a 6.4% increase of the energy price cap for the period covering April to June 2025. A recent spike in wholesale prices is the main driver of today's price rise, accounting for around 78% of the total increase.
A new law to help the UK's legal services sector maintain pole position and which will deliver millions more to grow the economy and help implement our Plan for Change. New law to turbocharge UK's position as the world-leader in arbitration.
Elites with known links to the Kremlin may be subject to exclusion from the UK in show of steadfast support for Ukraine on 3 year anniversary of invasion. Elites linked to the Russian state can be excluded from entering the UK under new measures announced by the Home Secretary on Monday 24 February 2025.
The Ministry of Defence will double its funding for medical and rehabilitation services for Ukraine's troops. Britain is stepping up support for Ukrainian troops wounded on the frontline, who will receive life-saving medical support and rehabilitation services through the UK's Project Renovator.
We are making it easier, faster and cheaper for people across the UK to switch to electric vehicles. government extends support to help drivers, businesses, fleets and cabbies make the switch to cleaner vehicles.
An extra £30 million has been confirmed for the Winter Pressures Funding this year. Urgent homelessness funding, previously tripled, has now been increased sixfold for this year to reach more people.
Sophisticated electronic devices used by criminals in 40% of vehicle thefts in England and Wales will be banned under new laws, as part of the government's mission to make the nation's streets safer. Having your vehicle stolen is a costly and distressing experience for victims.
Thousands of veterans and their family members across the UK will have access to enhanced career support thanks to government plans to expand Op ASCEND. Government to expand UK-wide career support for the armed forces community, ensuring support for all veterans, regardless of when they left service.
there is a new packaging tax coming into effect in April 2025. Here are the key details: Plastic Packaging Tax Increase: The rate of the Plastic Packaging Tax (PPT) will increase from £217.85 to £223.69 per tonne.
The Water (Special Measures) Act 2025 has today received Royal Assent, boosting the powers of water sector regulators to tackle pollution. Major legislation to crack down on water bosses polluting Britain's rivers, lakes and seas has today been signed into law in the most significant increase to enforcement powers in a decade.
The recent increase in the energy price cap by 6.4% from April 2025 will likely have a ripple effect on prices in shops. Here's how: Increased Operating Costs: Retailers will face higher energy bills, which can lead to increased operating costs.
Today with the announcement of the energy price cap increase it is not going to be easy for businesses to hold prices. There are range of other costs facing businesses already announced so it would be advisable to redraw a business plan going forward.
Sellafield Ltd and Nuclear Transport Solutions are making preparations for the second return of high level waste, in the form of vitrified residue, to Germany. Seven flasks will be transported from Sellafield via a German port to the Isar Federal storage facility in the first half of 2025.
