The Bank of England held rates at 3.75% but ditched its single forecast for multiple scenarios as the Iran war rattles oil markets. Here's what it means for UK mortgages, energy bills and jobs.
Centrica CEO Chris O'Shea warns that rising energy bills are 'inescapable' as wholesale gas prices more than double due to the Iran conflict, with the July 2026 price cap forecast to hit £1,973 and longer-term system costs set to push electricity prices beyond 2022 crisis peaks by 2030.
Nigel Farage claims North Sea drilling will slash energy bills, but Oxford researchers put the real saving at just £16 to £82 a year. We break down the claims, the competition, and what the evidence actually shows.
Cornwall Insight forecasts a £332 annual increase to UK energy bills from July 2026, pushing the Ofgem price cap to £1,973 as Middle East conflict sends wholesale gas prices soaring.
EDF has warned that household energy bills could rise by £300 due to global oil market instability. Here is what you need to know about the upcoming price hikes.
Ed Miliband has suggested pubs turn off fridges to save on energy bills, but is this practical advice or just a cooling effect on common sense?
Sir Keir Starmer has announced a £53 million support package for heating oil users, but is it enough to help Brits facing rising costs due to the Iran conflict?
Struggling with rising heating oil costs? Here is the lowdown on the government's new 53 million pound support package and how it might help your household.
With winter approaching and energy bills rising, Chancellor Rachel Reeves faces mounting pressure to offer state support. We explore whether the era of government bailouts is finally over.