All the updated news related to energy price guarantee

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Energy price cap announced for households in Northern Ireland

Government announces energy price cap for Northern Ireland homes

The Government has announced an energy price cap for homes in Northern Ireland from November. Business Secretary Jacob Rees-Mogg said the energy support scheme will offer households in Northern Ireland the same level of gas and electricity bill ...

21 Sept 2022 at 13:46

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BREAKING: Energy price cap for North announced by British Government

The British Government has announced an energy price cap for homes in Northern Ireland. Business Secretary Jacob Rees-Mogg said the Government’s energy support scheme would offer households in Northern Ireland the same level of gas and ...

21 Sept 2022 at 11:33

Energy bill plans do not provide enough support in Northern Ireland – Murphy

UK Government plans to help with spiralling energy costs do not provide the support that homes and businesses in Northern Ireland need, Stormont Finance Minister Conor Murphy has said. An energy price cap has been announced for homes ...

21 Sept 2022 at 16:59

‘Fiscal event’ still set for September, says Number 10

A “fiscal event” to set out Government funding for a set of major interventions in the cost-of-living crisis will still take place this month. Politics as normal has been largely put on hold during the 10-day period of mourning for ...

12 Sept 2022 at 14:34

Energy bills set to dip below Government support levels from July, forecast says

The Government might save billions of pounds subsidising people’s energy use as bills might drop enough for it to in practice remove support for households by the middle of this year. Researchers said that current data suggests ...

04 Jan 2023 at 16:01

Global energy support not targeted enough, warns OECD

Governments need to better target financial support to avoid wasting money and “entrenching” undesirable consumer spending behaviour, a world trade group has said. Mathias Cormann, secretary-general of the Organisation for ...

22 Nov 2022 at 13:13

Jeremy Hunt announces sweeping state-funded childcare reforms in Budget

Jeremy Hunt promised a major expansion in state-funded childcare and tax breaks for businesses in Budget measures aimed at boosting economic growth. The Chancellor said a recession would be avoided and inflation would ...

15 Mar 2023 at 15:09

Hunt spends Budget windfall on childcare and tax breaks for wealthy pensioners

Jeremy Hunt has used a £25 billion-a-year improvement in the public finances to dramatically expand access to childcare and offer tax breaks to businesses and wealthy pensioners. In a Budget aimed at increasing the ...

15 Mar 2023 at 18:19

Northern Ireland

Power NI cuts tariff but bills to rise 14% as support scheme is reduced

Northern Ireland’s largest electricity supplier has announced it is to reduce its tariff price. However, consumers will see their bills rise because the UK Government’s Energy Price Guarantee (EPG) support scheme ...

16 Mar 2023 at 12:12

Hunt claims economy is ‘proving doubters wrong’ as he announces Budget

The UK will avoid entering a recession with the economy ‘proving the doubters wrong’, Chancellor Jeremy Hunt said. Mr Hunt used his Budget to promise a major expansion of free childcare and he has already ...

15 Mar 2023 at 13:01

Recession to be avoided as economy proves doubters wrong, Jeremy Hunt says

The UK will avoid entering a recession Jeremy Hunt said as he hailed an economy “proving the doubters wrong”, although growth remains sluggish. The Chancellor used the improved economic picture to ...

15 Mar 2023 at 13:51

Hunt promises ‘growth Budget’ with improving economy

An “improved economic picture” has helped Chancellor Jeremy Hunt promise a major expansion of free childcare and an extension of support for household energy costs. The Chancellor said the energy ...

15 Mar 2023 at 12:14

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