Ofgem has proposed new plans to adjust the energy price cap every three months instead of the current twice a year.
The energy price cap – which is the mechanism that outlines the maximum amount that companies can charge to provide energy – has been credited with protecting around 22 million UK households from the worst of the price hikes after COVID-19 restrictions were eased and the war in Ukraine pushed up wholesale gas prices.
The cap prevented companies from passing on unprecedented increases to their customers.
According to the government, the cap was said to have delayed the impact from the most damaging element of the ongoing cost of living crisis, after the average bill rose by 54%, or £693 annually, from April to £1,971, and the latest forecasts suggest bills could rise to almost £2,600 in October when the next price cap adjustment is due.
But now, industry regulator Ofgem revealed in a statement today that it was putting the idea of more regular adjustments of the cap out to consultation.
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This proposed plan is said to have come after there was criticism expressed that the present twice-yearly adjustment arrangement had contributed to the collapse of several suppliers last year at the height of the wholesale gas price shock, Jonathan Brearley, chief executive of Ofgem, said adjusting the cap more regularly would “reflect the most accurate energy prices”.
He also said it means that when costs fall from the current record highs, customers would “see the benefit much sooner”.
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After extensive research, stakeholder feedback & talking with consumers, we're proposing to update the price cap every 3 months rather than every 6 months
This would make suppliers more resilient & any savings can be passed on to consumers quicker
Ofgem said in a statement: “Our top priority is to protect consumers by ensuring a fair and resilient energy market that works for everyone.
“Our retail reforms will ensure that consumers are paying a fair price for their energy while ensuring resilience across the sector [and] today’s proposed change would mean the price cap is more reflective of current market prices and any price falls would be delivered more quickly to consumers.
“It would also help energy suppliers better predict how much energy they need to purchase for their customers, reducing the risk of further supplier failures, which ultimately pushes up costs for consumers.”
In response to the Ofgem statement issued on the price cap, a government spokesman said: “We recognise the pressures people are facing with the cost of living, which is why we have set out a £22 billion package of support, including rebates and reductions for energy bills, as well as more targeted support for low income and vulnerable households.
“The price cap continues to insulate households from even higher global gas prices [and] that’s why we have also outlined plans to extend the cap beyond 2023.”
Featured Image – RawPixel
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NHS to start screening patient health records in a bid to catch one of the most ‘lethal’ cancers
Emily Sergeant
Hundreds of GP practices will begin combing patient records to offer urgent tests to those most at risk of one of the deadliest cancers.
It’s all in a bid to catch pancreatic cancer sooner rather than later.
Pancreatic cancer is the fifth most-common cause of cancer deaths in the UK each year, with only 7% of people living for five years or more after diagnosis.
Most people with pancreatic cancer only recognise symptoms when their disease is at a late stage, so this is why the NHS wants to reach out to people as early as possible through its new screening initiative so they can get the best treatment available to them.
GP teams are set to start scouring online patients records to identify people over 60 who have the key early warning signs of pancreatic cancer – including being recently diagnosed with diabetes and sudden weight loss, as it’s said that around half of those diagnosed with pancreatic cancer have been diagnosed with diabetes recently.
The symptoms of pancreatic cancer are usually not noticed until it’s at an advanced stage, so we need to find new ways to pick it up.
We’re working to seek people out who might be unwell without any symptoms, so we can provide people with the most effective treatment. https://t.co/6rlFVGN6UW
Even if a patient’s weight is not recorded, GP teams will reach out to patients to check they have not ‘unexpectedly slimmed down’ and offer them tests if they have new onset diabetes.
More than 300 GP practices across England will begin using the initiative – with dozens rolling it out now, and the rest due to be up and running in the autumn.
While GP teams already know the signs to look for, this new screening scheme provides almost £2 million in targeted funding to help practices reach out to those most at-risk and give patients the best chance of being diagnosed earlier.
NHS is starting to screen patient health records in a bid to catch one of the most ‘lethal’ cancers / Credit: RawPixel
When the practices taking part in the three-year pilot find the signs and symptoms they’re looking for, they will then contact patients and send them for urgent blood tests and CT scans to rule out cancer.
“Pancreatic cancer is responsible for so many deaths, because patients don’t usually notice symptoms until the cancer is at an advanced stage, which is why we need to find new ways to pick it up,” commented Professor Peter Johnson, who is the NHS’s National Clinical Director for Cancer.
Health Minister, Karin Smyth, added: “As someone who has faced cancer personally, I know all too well the fear that comes with a diagnosis and the precious value of catching it early.
“This targeted approach to identify people at risk of one of the most lethal cancers could give more people a fighting chance and spare the heartbreak of countless families.”
Featured Image – RDNE (via Pexels)
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Chester Zoo named one of England’s most popular tourist attractions with 1.9m visitors
Emily Sergeant
Congratulations are in order, yet again, for Chester Zoo… as this time it’s been named one of England’s most popular attractions.
Merely months after being named the UK’s best zoo for the second year running, thanks to receiving more than 11,000 ‘excellent’ reviews from TripAdvisor, Chester Zoo has now got itself another prestigious title, as a major VisitEngland (VE) report has ranked it the third most-visited ‘paid for’ attraction in England – and the most visited outside of London.
The national tourist board for England gathered information from a total of 1,373 attractions across the country, and ranked the UK’s biggest charity zoo as the third overall in terms of popularity, with a whopping 1.9 million visitors in 2024 alone.
The Tower of London took top spot with 2.9 million visitors, while the Royal Botanic Gardens at Kew was second place with 2.3 million visitors.
When it comes to free attractions, on the other hand, it wad the British Museum that claimed the top spot with 6.5 million visitors, while the Natural History Museum (5.9 million visitors) took second place, and the Tate Modern (4.6 million visitors) got third.
So as you can see, the south and London in particular is a pretty dominating force in England’s tourism industry – which is why it’s even more impressive to see Chester Zoo ranked so highly.
The new VE title also comes after the zoo was recently given £4 million of lottery funding to help ‘transform’ the local environment and restore wildlife habitats across the Cheshire and wider North West region.
Not only that, but if course follows Chester Zoo’s unveiling of its new immersive experience named Heart of Africa, which is the the largest zoo habitat ever created in the UK and is home to 57 iconic African species.
Chester Zoo has been named one of England’s most popular tourist attractions with 1.9m visitors / Credit: Chester Zoo
“As a major international wildlife charity, everything we do is focused on supporting global conservation,” commented Chester Zoo’s Commercial Director, Dom Strange.
“Whether it’s caring for highly-threatened animals and plants, making scientific discoveries, influencing Government environmental policies, impacting the National Curriculum to better connect young people with nature, or our conservation efforts in around 20 countries, we’re fully committed to protecting endangered species for the future.
“But none of this would be possible without our visitors.
“Every person who comes to the zoo for a fun and inspiring day out is helping to fund our vital work, so we want to say a heartfelt thank you to everyone who has supported us and helped us to rank so highly in VisitEngland’s latest report.”