Latest Market Updates

Ofgem’s cap could surpass £5,000 in January, Auxilione says after spike in gas prices Click here to read the full article…

A fuel poverty and energy policy researcher told ELN that the UK energy bills could be slipping into “very scary territory” Click here to read the full article…

Gas and electricity prices could soar by more than threefold from an already record level, according to a worrying new forecast. Click here to read the full article…

The new price cap is set to be announced by Ofgem next Friday with millions set to see a hike in their energy bills. Click here to view the full article…

Tony Jordan, senior partner at energy consultancy Auxilione, says the energy price cap is forcing energy companies to hedge their positions for the coming period, while the scale of what the government can do to address huge price rises is limited. Click here to view the…

Tony Jordan, director of the energy consultancy Auxilione, says the design of the UK’s energy price cap is now in question, as costs are set to soar in the coming months. It estimates the average annual household bill will surge past £5,000 next year. Jordan told Bloomberg’s Stephen Carroll and…

Experts warn the price cap is likely to remain above £4,000 throughout next year Click here to read the full article…

The government’s price cap which sets bills for more than 20 million households could be increased further than expected. Click here to read the full article…

Cost of bailing out UK company threatens to top £4bn by next spring because of soaring gas prices. Click here to read the full article…