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Ofgem confirms energy price cap will rise to £2,800 in October
By October, the regulator's energy price cap in the UK will have risen by at least £1,512.
Ofgem has confirmed that the energy price cap in the UK will rise to at least £2,800 in October, pushing household bills up to £233 a month.
The regulator revealed the hike in prices this afternoon, as its chief executive, Jonathan Brearley, told the Business, Energy and Industrial Strategy Committee that Ofgem anticipates the new price cap this October will be “in the region of £2,800”.
Mr Brearly even suggested that “it’s quite possible this [price cap] could go higher”, telling the Committee: “The volatility in the gas market is huge.”
Currently, the energy price cap sits at £1,971 – having increased by over 50% in April.
That means that, within the space of six months, the regulator’s energy price cap in the UK will have risen by £1,512.
Currently, here in the UK, there are nearly 6.5 million people living in poverty. However, Ofgem is now warning the government that this could well double in October when the price cap goes up again.
With UK inflation at the highest it has been in 40 years, many struggling households are also seeing price rises at fuel pumps and in the supermarket.
Mr Brearly told the committee that costs are currently rising at a “once in a generation” rate “not seen since the 1970s”, and that this issue is something that only the government could address.
National Insurance tax has just been increased by the Chancellor in his spring budget, too, meaning that people are taking home less money as prices soar.
Read more: Energy price cap could be adjusted every three months under new Ofgem plans
Soaring energy bills are considered to be the biggest inflation driver in the UK right now, and there is increasing pressure on the government to do more to help families and children who are slipping into poverty as a result of the cost of living emergency.
Whilst the government has said it is willing to support people, it is yet to deliver any solutions – such as introducing a Windfall Tax on energy companies or restoring the £20 a week Universal Credit uplift to help the country’s worst off.
Labour has called the price cap news ‘extremely concerning’, adding that it “will cause huge worry for families already facing soaring bills and rising inflation”.
Read more: Tory peer who helped set up Universal Credit calls for urgent increase
Shadow Chancellor Rachel Reeves said: “How many more alarm bells does the chancellor need to hear before he acts? The government have got to get a grip on this crisis and to protect families and our economy.
“Yet again, Labour calls urgently on the government to bring forward an emergency budget, with a windfall tax on oil and gas producer profits to lower bills for families.”
Boris Johnson’s spokesperson maintained that the government is already offering help which will be ‘phased throughout the year’.
They said: “Some of the support is designed to come in in October, £200 will be discounted from energy bills, the warm home discount will increase to £150 and be expanded to cover three million people, cold weather payments and winter fuel payments will be available again,” the spokesman said.”
Feature image – RawPixel
News
Manchester United legend Denis Law has died aged 84
Emily Sergeant
Manchester United legend Denis Law has sadly died aged 84, it has been announced.
The Aberdeen-born footballer was a prolific striker throughout his career, scoring 237 goals in 404 appearances for Manchester United – the club he signed for a then-British record transfer fee back 1962, before departing in 1973 – and also playing for Manchester City too for two separate spells during the 1960-61 and 1973-74 seasons.
Law was an integral part of United’s triumphant record-setting 1968 European Cup winning campaign, was the only Scottish player to have won the Ballon d’Or award, in 1964, and also the only man to have two statues dedicated to him at Old Trafford.
But, he previously announced in August 2021 that he had sadly been diagnosed with dementia.
A formal statement confirming Law’s passing by his family was announced by Manchester United this evening: “It is with a heavy heart that we tell you our father Denis Law has sadly passed away. He fought a tough battle but finally he is now at peace.
“We would like to thank everyone who contributed to his wellbeing and care, past and much more recently.
“We know how much people supported and loved him and that love was always appreciated and made the difference. Thank you.”
The club itself added in a statement: “He will always be celebrated as one of the club’s greatest and most beloved players.
Read more:
“The ultimate goal-scorer, his flair, spirit and love for the game made him the hero of a generation. Our deepest condolences go out to Denis’s family and many friends. His memory will live on forever more.”
Featured Image – Manchester United (via X)
News
Advice issued as ‘quademic’ of winter bugs continues to take hold in Greater Manchester
Daisy Jackson
People in Greater Manchester are being urged to get any vaccinations they are due done, as a ‘quademic’ of winter bugs runs rife.
Cases of flu, Covid, norovirus and RSV (respiratory syncytial virus) are continuing to take hold across the country, and here in Greater Manchester.
The city is seeing more flu cases and hospital admissions than usual for this time of year.
So now health chiefs are urgently reminding eligible people to get their flu jabs and other vaccinations, to protect themselves and others.
Mancs are also being reminded to follow key public health advice, such as frequent hand washing and staying at home when you’re ill.
The flu vaccination drive runs until the end of March and people who are eligible for it can get it from their GP, pharmacy or one of the city’s walk-in clinics, where no appointment is needed.
Dr Cordelle Ofori, Manchester’s Director of Public Health, said: “Our advice is very similar to recommendations made during the Covid pandemic.
“It’s really important to keep washing hands well and regularly; cough or sneeze into tissues or your arm; wipe down key communal surfaces like handles on doors; and where possible, stay at home if you are ill to avoid passing on any infections.
“And, in addition to this we would urge anyone who is also feeling financial or food pressures to ring our free cost of living advice line on 0800 023 2692 or text on 07860 022876.”
Councillor Thomas Robinson, Executive Member for Healthy Manchester and Social Care, at Manchester City Council, said: “Manchester people are well-known for how they look after one another – and passing the flu message on could save lives, as well as unnecessary illness at a time when people face many pressures.
“We want to make it as easy as possible for people to have their vaccination, so please do go to our walk-in clinics if you are 18 and over and eligible for the vaccine. No appointment is needed: it’s quick, easy and done by teams who want to help you.”
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Featured image: Unsplash, Brittany Colette
Georgina Pellant -
24th May 2022 
