The energy price cap is set to fall to £1,923 from October for the last quarter of the year, Ofgem has just confirmed.
In a change that’s set to bring the average annual household energy bill to below £2,000 for the first time since April 2022, the energy regulator has just announced this morning that the energy price cap will once make a further reduction from October.
From 1 October – 31 December, the cap will be set at an annual level of £1,923 for a dual-fuel household, according to Ofgem.
The change could save households an average of £151 on the previous quarter.
Ofgem says the energy price drop – which is at the lowest level since October 2021 – “reflects further falls in wholesale energy prices” as the market “stabilises”, and as suppliers return to a “healthier financial position” after four years of loss-making following the COVID pandemic and amid the cost of living crisis.
ADVERTISEMENT
These energy price cap savings continue on the downward trend since prices peaked at £4,279, however, it remains well above the average before the energy crisis took hold in 2021.
The energy regulator has conceded that market unfortunately “remains volatile”.
ADVERTISEMENT
Ofgem lowers energy price cap to £1,923 from October / Credit: Pxhere
Alongside changes to the energy price cap, Ofgem has also announced measures to reduce costs for prepayment meter customers this morning – which is says ensures “extra support” for those struggling and most at-risk of being “disconnected” from the network.
Ofgem’s announcement of the lowering of the energy price cap comes within the same week that a shocking new survey by Which? found that nearly nine in 10 (85%) British households admitted to trying to cut back on their energy usage due to rising bills putting significant financial, physical, and emotional strains on consumers.
The same survey also revealed that 13 million Brits didn’t put their heating on when it got cold last winter, claiming they were “too scared” to do so.
ADVERTISEMENT
Energy costs are dropping slightly for most households from 1 October. But rates will be incredibly high still, and we’re not getting the extra support we did last winter.
Which? also found that consumers in at-risk groups – including those in lower-income households, and those aged 45-64 years old – were more likely than others to not turn the heating on when it’s cold, which the consumer group said “clearly demonstrates” just how many people have had to make “severe cutbacks” to afford their energy bills.
Experts also claimed people may be “putting their own health at risk” in the process of trying to afford their energy bills.
Glitzy Spinningfields bar famed for its bottomless deals shuts down
Daisy Jackson
Popular cocktail bar group Banyan has suddenly closed its glitzy bar in the heart of Spinningfields.
The restaurant and bar, which is part of the Arc Inspirations group that also operates Manahatta and Box, has shut down with immediate effect.
A sign has been posted in the window of the Spinningfields site of Banyan confirming its closure.
Banyan opened in 2018 and was the second site for the brand, which has been operating out of the Corn Exchange since 2015.
Inside, the huge 7,000sq ft space was split into spaces for drinking, dining and dancing, including a large mezzanine and a huge white marble bar.
Banyan is famed for its bottomless deals, whether that’s a classic bottomless brunch or their bottomless Sunday roast (endless Yorkshire puddings, gravy, wine, and roast potatoes).
It also offered two-for-one cocktails, all day every day.
The bar stands on the side of Spinningfields, directly opposite The Ivy and alongside The Alchemist.
Banyan in Spinningfields has shut downThe note in the window of Banyan
But now it has permanently closed its doors, thanking people for their custom over its almost-decade in Manchester.
The sign on the door says: “Banyan Spinningfields is now permanently closed.
“Thank you so much for your custom over the years, we’ve loved being part of this wonderful city and have made so many friends.
“Don’t be a stranger, we’d love to continue to welcome you to our Banyan bar in the Corn Exchange. Team Banyan.”
Council seized £4.3m worth of counterfeit goods from Manchester’s streets in 2025
Emily Sergeant
A whopping £4.3 million of counterfeit goods were seized from Manchester’s streets in 2025, the Council has revealed.
Now that 2025 has come to end, Manchester City Council has announced that its Trading Standards Team seized and destroyed more than 43,500 counterfeit items in the last year – ranging from everything like fake handbags, trainers, and jewellery, to electronic items, sportswear, children’s toys, sunglasses, and much more.
Through ‘exemplary partnership work’ with Greater Manchester Police (GMP), the Council says this criminal industry has taken a ‘substantial hit’ over the past 12 months.
It’s also estimated that the goods seized would have lost the industry up to £43 million.
Councillor Lee-Ann Igbon, who is the Executive Member for Vibrant Neighbourhoods at Manchester City Council, said the Council hopes this action ‘sends a message that we will not tolerate this harmful trade.’
The Council seized £4.3m worth of counterfeit goods from Manchester’s streets in 2025 / Credit: GMP
“The counterfeit industry was substantially embedded in our communities, but through their diligence and the support of our valued partners we have driven away some of the worst offenders and are beginning the process of regenerating the areas of Manchester that were long blighted by this sort of crime,” she added.
It’s not just counterfeit goods that’ve been targeted either, as a substantial push was also made throughout the year to crack-down on the sale and distribution of illicit tobacco.
In total, 316,625 cigarettes – which is equivalent to nearly 16,000 individual packs – were seized by the Council and police.
258kg of hand rolling tobacco was also seized, as well as more than 18,000 illegal vapes that don’t comply with UK laws or regulations.
Detective Chief Inspector Melanie Johnson, who is the lead coordinator of Operation Machinize for GMP, says the police takes any information it receives about counterfeit trading ‘very seriously’.
“We will continue to investigate all aspects of this criminality to protect our communities from the harms of illegal products.”
Emily Sergeant -
25th August 2023 
