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.
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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.
The Ofgem Chief Exec has told MPs the price cap will rise c42% in Oct putting typical use to £2,800/yr. I'm glad he's been open about this, I asked last week for them to publish forward guidance.
This is higher than analysts predictions of £2,600 (both bloody awful though)
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.
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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.
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”.
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.
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As @ofgem warns that the energy price cap is expected to rise to £2,800 in October, we take a look at what help is available, if you're struggling to pay your bills. https://t.co/48t49gzVFI
“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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Major headliner pulls out of Manchester Village Pride
Daisy Jackson
One of the Manchester Village Pride headliners has had to pull out of their scheduled appearance, just one day before the celebrations begin.
Nadine Coyle was supposed to be headlining the LGBTQ+ event on Friday 27 August.
But in a statement shared by Manchester Village Pride today, they announced that the former Girls Aloud star is ‘under the weather’.
Nadine will be pulling out of her headline slot to ‘rest and recuperate’, but added that she hopes to see Manchester for Pride again soon.
Thankfully, Manchester Village Pride has already found a suitably fabulous replacement for the main stage on Friday – B*Witched.
The iconic Irish girl group will be encouraging ticket-holders to dig out their double denim and dance to hits like C’est La Vie and Rollercoaster.
In the statement shared by Manchester Village Pride, Nadine’s team said: “Nadine is so sorry to have to step out of Manchester Village Pride this year. It was her very first Pride many years ago and she loves getting to spend time with you all.
“Nadine’s voice has been under the weather and she only wants to give absolute best to you all which sadly won’t be possible this weekend as she needs time to rest and recuperate.
“We hate to do it so near the day. Nadine was really hoping she was going to be well enough and hopes she can see you in Manchester for Pride again soon.
“Thank you for being so kind and understanding and we hope you have a wonderful weekend.”
Manchester Village Pride added: “We know how excited many of you were for a massive hit of 2000s pop nostalgia, and we promised you a party. We’ve been working around the clock, and we are beyond thrilled to announce that pop royalty B*WITCHED are stepping in at the eleventh hour!”
Chester Zoo announces return of its £10 tickets for limited time only with extended opening hours
Emily Sergeant
Chester Zoo has announced the return of its popular £10 tickets deal for a limited time only.
You may remember that earlier this summer, Chester Zoo invited people from across the North West to visit for just £10, and as the offer proved so popular, they’ve now brought it back again for a limited time.
For the past three years running now, Chester Zoo has officially been named the UK’s best zoo thanks to tens of thousands of positive TripAdvisor reviews, and now as the summer draws to a close, you’ll get to see exactly what makes it such a special place worth visiting for a cut price.
With the offer only applicable to afternoons this summer, Afternoon Tickets allow entry to Chester Zoo from 2pm onwards – with the last entry being one-hour before it closes.
Chester Zoo is offering £10 tickets to visitors this summer / Credit: Chester Zoo
Without this offer, standard admission tickets to Chester Zoo usually cost up to £38 for adults, £37 for students, and £28 for children, all including a 10% donation to the zoo’s conservation efforts, while babies and carers go free.
So it really is worth making the most of these limited-time £10 tickets while you still can – with the offer now running until 6 September.
The best bit about the offer returning? The zoo is currently operating its extended opening hours until 6pm too, so included for the bargain price of a £10 ticket, you’ll even get to see all the animals while the sun goes down.
Afternoon tickets are only available online and must be booked in advance to claim the £10 offer.
Tickets can only be purchased online before 4pm on the day of your visit, and standard admission tickets can be purchased from our ticket office at the main entrance.
Find out more and book your £10 tickets online here.