The energy price cap is to be a hiked by a record 80% from October to £3,549 a year, Ofgem has confirmed this morning.
As the rising cost of living crisis worsens and continues to make its impact felt nationwide, and after inflation hit another new 40-year UK high of 10.1% earlier this month, millions of households across the UK on a typical default tariff are set pay an extra £1,578 on their energy bills in as the price cap is raised from 1 October 2022.
It follows an already 54% increase in April, which saw average bills surge to £1,971 a year, and comes ahead of the predicted tripling of average bills in April 2023.
Around 24 million UK households are expected to be affected by the price spike.
The new price cap level is based on “a transparent methodology and calculations” by energy price regulator Ofgem.
The price cap puts a maximum per unit price on energy that reflects what it costs to buy energy on the wholesale market and supply it to our homes, and it also sets a strict and modest profit rate that suppliers can make from domestic energy sales – but, unlike energy producers and extractors, most domestic suppliers are currently not making a profit, according to Ofgem.
📣The energy #PriceCap is changing and this could affect you
Record high global gas prices mean on Saturday 1 October the energy price cap will rise to an average of £3549 per year
Ofgem says the price cap increase reflects the “continued rise in global wholesale gas prices” – which began surging post-lockdown and have been driven to record levels by Russia slowly switching off gas supplies to Europe.
The confirmed energy price cap rise also comes as Ofgem’s CEO warns of the hardship energy prices will cause this winter and urges the incoming Prime Minister and new cabinet to provide “an additional and urgent response” to continued surging energy prices.
“We know the massive impact this price cap increase will have on households across Britain and the difficult decisions consumers will now have to make,” said Jonathan Brearley – CEO of Ofgem.
“I talk to customers regularly and I know that today’s news will be very worrying for many.
“The price of energy has reached record levels driven by an aggressive economic act by the Russian state. They have slowly and deliberately turned off the gas supplies to Europe causing harm to our households, businesses and wider economy [and] Ofgem has no choice but to reflect these cost increases in the price cap.
Ofgem raises energy price cap to £3,549 from October / Credit: Pxhere
“The government support package is delivering help right now, but it’s clear the new Prime Minister will need to act further to tackle the impact of the price rises that are coming in October and next year.
“We are working with ministers, consumer groups and industry on a set of options for the incoming Prime Minister that will require urgent action [but] the response will need to match the scale of the crisis we have before us.
“With the right support in place and with regulator, government, industry and consumers working together, we can find a way through this.”
Urgent appeal issued following serious road traffic collision involving motorcyclist on M60
Emily Sergeant
An urgent appeal has been issued following a serious road traffic collision on the M60.
Greater Manchester Police (GMP) are appealing for information and dash-cam footage, as well as urging witnesses to come forward, after a motorcyclist suffered life-threatening injuries during a collision on the M60 this past Saturday (12 July).
Shortly after 1:40pm, police were called a report of a collision involving a motorbike on the anti-clockwise side of the motorway, between junctions 25 and 24.
When patrols responded and arrived on the scene, they found a man in his 50s – believed to be the motorcyclist – with life-threatening injuries, and was subsequently taken to hospital for treatment in an air ambulance, with his family being informed in the process.
An urgent appeal has been issued following a serious road traffic collision involving motorcyclist on the M60 / Credit: Wikimedia Commons
The M60 was closed in one direction, between Bredbury and Denton, following the crash from around 2:30pm onwards, and all traffic was diverted while investigations were ongoing.
GMP’s Serious Collision Investigation Unit is in the process of conducting enquiries, and at this time, it isn’t believed that any other vehicle was involved in this incident.
This is why police are appealing for anyone who may have witnessed the collision, or who has dash-cam footage, to get in on contact.
Police have also thanked the members of the public who stopped by the roadside to give the man initial first aid before emergency services arrived.
Police issue update on Oasis arrests and fence-jumpers
Daisy Jackson
Greater Manchester Police have shared an update on the arrests made at the opening two nights of Oasis Live ’25.
More than 100,000 people have flocked up to Heaton Park on Friday and Saturday evening for the first two of five Oasis reunion shows.
And largely, things have gone without a hitch, with only 15 arrests made so far.
The majority of these are arrests on suspicion of fraud, with five men and a woman in three separate incidents attempting to access the Oasis gig with fake accreditation.
Another man was arrests on suspicion of assaulting a member of security staff.
Two more men were arrested on suspicion of assault – a section 18 inside the Oasis gig at Heaton Park, and another for a section 47 outside.
Police have also said that ‘a number of people’ have attempted to access the gigs without tickets, with a perimeter gate breached on Saturday night, but ‘failed to do so’.
Five drones which breached airspace restrictions were seized on Friday.
A Section 34 Dispersal Order, which gives officers the power to direct individuals to leave a specified area and not return for 48 hours, has been in place for each night of the Oasis concerts so far.
This will be re-assessed before each concert this week, with the Gallagher brothers back at Heaton Park on Wednesday, Saturday and Sunday.
GMP around Manchester ahead of the Oasis reunion shows. Credit: GMP
Assistant Chief Constable Matt Boyle said: “We have been planning for these events for several months, working with partners and the organisers to make sure everyone can enjoy the concerts safely. To that end, I’m pleased to say that the first two Oasis homecoming events have been a success.
“What has been especially pleasing is how more than 100,000 people have enjoyed these iconic events safely and without trouble.
“We will have a highly visible presence in and around Heaton Park, and across the city, to ensure the next three events continue to pass safely.
“A number of people without tickets attempted to gain entry through a perimeter gate on Saturday night but failed to do so.
Credit: The Manc GroupCredit: Tiktok benwalkerofficialPolice say ‘just 15’ arrests made at Oasis so far
“We continue to support the event organisers and the local authority with their plans preventing any unauthorised access to the arena site.
“While arrests have thankfully been minimal, we have had to take some suspects to custody, including one after an alleged assault on a steward on Saturday night. We will not tolerate any abuse of anyone doing their job.
“On Friday night we also dealt with a number of breaches of airspace restrictions involving drones where our officers seized five drones and spoke to two other pilots.
“We continue to have airspace restrictions in place on the nights of the concerts and anyone found breaching the one-and-a-half-mile restriction zone could face prosecution.”
Emily Sergeant -
26th August 2022 
