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.
Arrest made after 14-year-old boy found in critical condition on Market Street
Daisy Jackson
An arrest has been made after a teenage boy was found unresponsive on Market Street in Manchester city centre.
Detectives believe that the boy, 14, was approached by seven males who stole a designer jacket from him.
Following the altercation, he went into cardiac arrest and was rushed to hospital in a critical condition.
Thankfully, the teenager is continuing to recover well.
Detectives from Manchester City Centre Criminal Investigation Department confirmed that an 18-year-old male was arrested yesterday, Thursday 20 February.
He has been arrested on suspicion of robbery and remains in police custody.
Detective Inspector Mark Astbury of GMP’s City Centre Criminal Investigation Department, said: “We hope the victim can continue his recovery following what must have been a terrifying ordeal for him.
“Officers are fully investigating all aspects of this shocking incident that has left a man with serious injuries in hospital.
“Our work doesn’t stop here, we are continuing to investigate this incident and information from the public plays an incredibly important role in our investigations and I ask that the community keep talking to us and keep sharing their concerns with us so our teams can act.”
If you have any information, contact GMP 101 or 0161 856 4305 quoting log 2854 of 16/2/25.
Comedy is being prescribed instead of antidepressants as part of UK trials
Emily Sergeant
Trials are currently underway to see if comedy could be an alternative to antidepressants as a way to reduce NHS costs.
UK tech company Craic Health has secured important funding for its ‘comedy on prescription’ project that’s aimed at helping the Government work with the comedy industry, communities, and organisations on comedy-based social prescriptions in the hope that they can solve financial struggles within the NHS.
The groundbreaking scheme uses stand-up shows and workshops to help people who are isolated, lonely, and vulnerable.
Craic believes comedy is an ‘untapped opportunity’ to improve health and wellbeing, and has a goal to make comedy easier to access, so that it can help communities experience its mental health and social benefits.
To achieve this, the company has started trialling Comedy-on-Prescription experiences in the UK – starting in London, with the potential for expansion – which includes things like curated comedy panel game show events and workshops, and general stand-up comedy shows at some of the capital’s world-famous venues.
Comedy is being prescribed instead of antidepressants as part of UK trials / Credit: Wikimedia Commons
“Mental health issues like loneliness, isolation, and stress are more common than ever,” the company explains.
“So much so that it’s projected that by 2030, mental health problems, particularly depression, will be the leading cause of mortality and morbidity globally, [but] in this challenging world, comedy stands out as a universal language that breaks barriers.
“Research shows that comedy and laughter have powerful effects – they bring people together, create positive connections, and make life more enjoyable.”
Craic Health says that social prescribing, of which Comedy-on-Prescription is a part of, is all about inclusivity, which makes it making it suitable for people of all ages, backgrounds, and abilities.
Its focus is on personalised support, tailored to individual needs and preferences.