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Liz Truss announces cap on domestic energy bills of £2,500 a year

She's also announced measures for businesses.

Daisy Jackson - 8th September 2022

Prime Minister Liz Truss has announced that the energy price cap will be fixed at £2,500 a year.

The PM confirmed today that households won’t pay more than £2,500 a year for gas and electricity.

The price cap will come into place from 1 October and will last for two years, Truss announced today in the House of Commons.

It comes in addition to the £400 payment to households promised by former chancellor Rishi Sunak.

Liz Truss announcing the energy price cap today. Credit: BBC

The move is expected to cost tens of billions, funded by more Government borrowing.

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Truss says it will save households £1000 a year.

The PM has also announced a similar price cap for businesses, though only for six months.

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The price per unit of energy will be capped for businesses at the same rate as households.

After three months, the business energy price cap will be reviewed to see if more targeted help is necessary, and vulnerable businesses – such as hospitality – may have their price cap extended further.

Before the announcement was made today, households were facing a sharper rise in gas and electricity bills, from an average of £1,971 to £3,549.

Featured image: BBC

News

Five Manchester bars have just been named in the UK’s Top 50 Cocktail Bars

Daisy Jackson Inside Stray, a new Manchester cocktail bar at Mackie Mayor in the Northern Quarter

Inside Stray, a new Manchester cocktail bar at Mackie Mayor in the Northern Quarter

Five bars in Manchester have just received one of the industry’s highest accolades – a place in the UK’s Top 50 Cocktail Bars.

In a glittering ceremony down in London today, the best in the cocktail industry were crowned, and our city has a lot to be proud of.

Manchester now has five cocktail bars in the Top 50, with two new entries this year.

And while Schofield’s has been toppled from the top spot this year, this award-winning bar on Quay Street is still heading home with a podium finish, now ranked the third-best bar in the entire UK.

One of the new faces on the prestigious list is Stray, a beautiful cocktail bar tucked into a corner of Mackie Mayor.

Famed for its tomato vine margaritas, as well as the pain-staking effort the team goes to to infuse their own spirits and make their own cordials, Stray has deservedly debuted at number 25. And we have a feeling they’re just getting started.

Red Light is another new name on the list, after taking home the coveted ‘One To Watch’ award in 2024.

Red Light in Manchester has been named in the Top 50 Cocktail Bars — Red Light

Stray in Manchester has been named in the Top 50 Cocktail Bars — Red Light

The gorgeous LGBTQ+ cocktail bar on Little David Street at Kampus has placed 40th.

Blinker has held on to a place in the Top 50 Cocktail Bars list, dropping down to 22nd – still a phenomenal achievement for the Spring Gardens boozer.

Blinker has a dedicated martini menu, and also serves them alongside retro Breville toasties.

And finally, Speak In Code on Jackson’s Row jumped up into 11th place.

There were also amazing results for our sister cities in Sheffield and Leeds, with The Pearl at Parkhill at 44 and Public at 39 for the former, and Tabula Rasa at 27 and Below Stairs at 11 for the latter.

A huge congratulations to all these very worthy winners.

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Featured image: The Manc Group

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Salford named one of the most expensive UK cities to rent in

One of Greater Manchester’s major cities has been named among the most expensive UK cities to rent a property in.

It was just last week that the Greater Manchester town of Swinton was named a ‘property hotspot’ for 2025 by Rightmove, after house prices there increased by nearly 10% on average last year, and now, the city of Salford itself is also being put under the property spotlight.

That’s because the leading property listing platform has highlighted the city as being one of the most expensive for renters in the whole of the UK.

With 2025 set to be a year of relocation for many, Rightmove has looked at rental costs across more than 50 cities in Great Britain in a bid to find the cheapest – and by contrast, the most expensive – places to rent right now.

Houses — Salford has been named one of the most expensive UK cities to rent in / Credit: Benjamin Elliott | Pexels

Salford has been named one of the most expensive UK cities to rent in / Credit: Benjamin Elliott | Pexels

When it comes to the most expensive UK city to rent in, we doubt it’ll come as a shock to you that the English capital of London takes the top spot.

Some of the other expected cities featuring in the top 10 list, according to Rightmove’s research, include Oxford, Brighton, Cambridge, and the Scottish capital on Edinburgh, but a more surprising entry for Greater Manchester residents is the fact that Salford takes up the eighth spot – with an average monthly rental price of £1,739.

Top 10 most expensive UK cities to rent in

London (£2,695)
St. Albans (£2,330)
Oxford (£2,041)
Winchester (£1,985)
Brighton (£1,880)
Cambridge (£1,870)
Chelmsford (£1,857)
Salford (£1,739)
Milton Keynes (£1,641)
Edinburgh (£1,620)

What's happening in the rental market? 🏡

👉 The average advertised rent of properties coming to market outside of London has fallen for the first time since pre-pandemic 2019, dropping by 0.2% to £1,341 per calendar month.

Tap the link here 👉 https://t.co/h57NssYGik pic.twitter.com/bNBhumMZ9H
— Rightmove (@rightmove) January 29, 2025

On the other end of the spectrum, the cheapest UK city to rent a property in is Hull, with the average monthly rental price there being £799, while some of the other North West cities featuring in the top 10 include Preston, Lancaster, and Carlisle.

When taking a look nationally, the average advertised rent per calendar month stands at £1,526, as of January 2025 – which is up 4.3% compared with this time year last year.

But Rightmove says that price changes, as well as average rental prices, vary significantly depending on the location.

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Take Salford for example, which is one of the most expensive cities for renting, the monthly cost of renting has jumped by 30.5% in the last year, whereas in Dundee, prices have dropped by 3.7% during the same period.

Featured Image – Wikimedia Commons