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.
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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”.
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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.
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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.
Amazon is hiding loads of free stuff in lockers next week for Prime Big Deal Days
Daisy Jackson
Amazon will be hiding free gifts around the UK next week to celebrate Prime Big Deal Days.
The online retail giant will be stashing everything from mobile phones and earphones to beauty gift sets and designer watches in its network of lockers.
You might even stumble upon a new, free kitchen gadget when you’re collecting your normal Amazon shopping.
There is a catch though (or a perk, depending on how you look at it).
The Irish star, who just landed his first UK number one album, wants to make customers ‘feel like a big deal’, apparently.
And seeing as he shot to fame with his viral flashmob stunts, he seems like a good choice to be popping up from behind Amazon lockers as people pick up their online shop.
Cian Ducrot comments: “My flash mob performances are all about spreading joy and music, and I loved helping shoppers feel like a big deal at the Amazon Lockers.”
Amazon’s Prime Big Deal Day sales event, which is taking place on 10 and 11 October 2023, will also see the brand hide hundreds of items in Amazon Lockers around the UK.
Over those two days, Prime members who are collecting shopping will be given the opportunity to pick a code, which will open a locker containing a free item to take away.
Surprise locker locations will be in London, Cardiff, Liverpool, Newcastle, Belfast, Glasgow, Birmingham and Manchester on 10 and 11 October.
The giveaway runs alongside a Prime member exclusive shopping event, featuring deals on everything Prime members need for Autumn, from making an early start to festive shopping, to stocking up on seasonal essentials.
Council Tax in Manchester could be raised to support the city’s ‘poorest households’
Emily Sergeant
Manchester City Council has laid out plans to potentially raise residents’ Council Tax to help support the “poorest households” in the city.
Councillors are proposing that, under the city’s current Council Tax Support scheme, the amount owed by a household is reduced by up to 100% for pension-age residents with the lowest incomes, and up to 82.5% for working-age residents with the lowest incomes from April 2024 – with the maximum reduction for working-age residents increased by 2.5% to 85%.
This means the maximum that those eligible for support would have to pay is just 15% of the bill, according to Manchester City Council.
At the same time, it’s being proposed that rules allowing reductions to be backdated, in instances where someone “has a good reason not to have claimed sooner”, are extended to allow up to a year’s back payments, rather than up to six months as is currently the case.
With the proposals all laid out, a consultation has been opened and residents living in the Manchester borough are now being asked for their views.
The Council is proposing changes to the Council Tax Support scheme that would provide more support for Manchester residents.
The Council Tax Support scheme currently provides around one fifth of Manchester households with help paying their Council Tax, but it’s estimated that these proposed changes would cost the Council around £770,000 in 2024/25.
This proposed raising of Council Tax also comes after the Council revealed earlier last month that £50 million in funding will go towards upgrading and improving social housing in Manchester over the next two years – with thousands of tenants living in social housing and Council-owned residential complexes across the city and wider borough set to benefit.
Residents in these properties are set receive what is being dubbed “transformational investment” to their homes before 2026.
Council Tax in Manchester could be raised to support the city’s ‘poorest households’ / Credit: Archello / Rockpanel
“We are acutely aware that some residents are really struggling due to cost of living pressures,” admitted Cllr Rabnawaz Akbar, who is the Executive Member for Finance at Manchester City Council on the proposals, “and this is why we’ve already introduced a range of measures to help people access food, advice and support.
“As part of this wider response, we want to go even further to help the poorest households in Manchester with their Council Tax, and that’s what these proposals are all about.
“We’re keen to hear your views on what we’re suggesting before we make a final decision.”
Emily Sergeant -
25th August 2023 
