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New dire price cap warning as energy bills look set to hit £4,200 in January

New dire price cap warning as bills look set to hit £4,200 in January

Energy regulator Ofgem is to blame for part of a massive increase in energy bills, experts said, as they forecast that the price cap will hit more than £4,200 in January. In a new dire outlook for households, Cornwall Insight said bills are set to ...

09 Aug 2022 at 13:02

‘Robust action’ to follow if energy direct debit increases are unfair – Ofgem

“Robust enforcement action” will be taken if energy companies are found to have treated consumers unfairly when increasing direct debit payments, officials from the regulator Ofgem have said. A “very invasive” review is under way into the way ...

10 May 2022 at 12:55

Direct debits have doubled after energy increase, some Britons say

Britons who are with British Gas, Octopus Energy and Shell Energy said their direct debits have doubled since the price rise, despite the price cap being half that, according to Money Saving Expert (MSE). The website, founded by Martin Lewis,...

09 May 2022 at 01:25

Martin Lewis on being a trusted voice: ‘I have my dark days mental health-wise’

Money Saving Expert Martin Lewis said he finds the stress of being a trusted voice in the UK “very difficult to manage”. The financial journalist and consumer champion said people see him as an “incredibly robust” person given the way he ...

13 Dec 2023 at 00:01

Calls growing for ‘consumer strike’ on energy bills – Martin Lewis

The financial squeeze and surging prices are triggering growing calls for a “consumer strike” on energy bills, Martin Lewis has said. The founder of the Money Saving Expert website warned the country was “getting close to a Poll Tax ...

21 Jul 2022 at 00:08

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