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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
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Manchester locals appealing for more information over a month after from finding family member’s body
Danny Jones
A Greater Manchester family are still calling for more information now over a month on from the discovery of a man’s body at his Chorlton home.
William Riddell, 49, was found dead in the bedroom of a property on Astbury Avenue at approximately 11:35pm on Sunday, 10 November after being found by his stepdaughter, Sarah Hayden.
Details surrounding his passing are still scarce but a 47-year-old man was arrested on suspicion of murder but has since been released on bail “pending further enquiries”, leaving Sarah and the rest of her family still none the wiser as to the exact nature of his death.
Preparing to spend their first Christmas without him, they have issued a desperate appeal for more information, urging anyone who might have information to come forward.
Riddell, more commonly known as Billy by those close to him, was described as a “good, caring man with a big heart” and a popular figure in the local area.
Speaking via Greater Manchester Police, Sarah, said: “I want to be Billy’s voice and get answers for him. Billy was a nice and lovely man and all the community knew who he was. He was well-liked and we gave him a good send-off at his funeral.
“I would just ask anyone who knew him or has any information to come forward and tell police. Even if you think it’s a little or small thing – please come forward. We just want to get to the bottom of what has happened.”
Detective Inspector Alex Wilkinson, who serves on GMP‘s Major Incident Team, added in an official statement: “The family of Billy deserve answers following his death and we are working hard to ensure they get exactly that.
“We have closely supported Sarah and the wider family over the last month, and we will continue to provide assistance wherever we can as they face their first Christmas without him.
“While a suspect has been bailed, we are still working flat-out to understand more about Billy’s life, the people he was close to, and events leading up to his death just over a month ago.”
Read more:
With that in mind, both GMP and Riddell’s family are asking anyone who might know anything or have information regarding people associated with Billy to come forward, reiterating that “even if you consider something to be small – your help could greatly benefit our investigation.”
You can contact police via 101 or by using the live chat function HERE, quoting log 3227 of 10/11/24.
Alternatively, you can contact the UK’s independent charity, Crimestoppers, anonymously on 0800 555 111 or online.
For all the latest news, events and goings on in Greater Manchester, subscribe to The Manc newsletter HERE.
Featured Images — Greater Manchester Police
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Government aims to ‘turn the tide’ on homelessness with £1 billion funding boost
Emily Sergeant
Nearly £1 billion of funding is being pumped into Council budgets to help “break the cycle of spiralling homelessness” in 2025.
As part of the Government‘s wider ‘Plan For Change’, and in a bid to help tackle, reduce, and prevent homelessness next year, it’s been announced that more resources will be be made available for workers on the frontline who provide essential services to get rough sleepers off the street and into secure housing.
This significant investment means Councils will now be “better equipped” to step in early and stop households from becoming homeless in the first place.
According to the Government’s plans, these funded measures will include mediation with landlords or families to prevent evictions, helping homeless people find new homes, and providing deposits to access private renting.
The funding will also be used to address the growing use of B&Bs and nightly-let accommodation, and the streamlining of funding structures to make it easier for Councils to spend their cash.
Areas across the UK can also choose to channel resources into services such as Housing First.
Housing First has been massively successful in Greater Manchester, and has helped house hundreds of our region’s rough sleepers since it was first piloted, being described as “life-changing” along the way.
More than £633 million of the funding will be allocated for the Homelessness Prevention Grant – which is a £192 million increase from this year – while £185.6 million will go to the Rough Sleeping Prevention and Recovery Grant, more than £37 million to the Rough Sleeping Accommodation Programme, and £5 million will be for the Emergency Accommodation Reduction Pilots.
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This new £1 billion funding boost comes after it was announced back in September that Section 21 ‘no fault’ evictions will be abolished in England next year as part of the landmark Renters’ Rights Bill.
It will also look to support the Government’s ambition to deliver the biggest increase in social and affordable housing in a generation – with an extra £500 million ploughed into the Affordable Homes Programme to build tens of thousands of affordable homes across the country.
Featured Image – Gary Knight (via Flickr)