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Ukraine war’s effect on wholesale gas prices prompts third upgrade in a year from CentricaThe owner of British Gas, Centrica, expects a near eightfold increase in its earnings this year due to its balance sheet being boosted by soaring wholesale gas pr…
Chain recorded biggest share of clothing and homewares market in seven years as Tesco reports festive bonanzaMarks & Spencer took its biggest share of the clothing and homewares market in seven years and the largest slice of the food market ever ov…
Report shows 3.2m people disconnected last year as they ran out of credit‘I’m already sitting in the dark most of the time’: disabled yet pursued over gas billMinisters are being urged to stop the forced installation of prepayment meters after revelati…
Cornwall Insight warns reduction in support could curb businesses’ ability to invest in reducing fossil fuel emissionsThe reduction in government support for companies’ energy bills could threaten their efforts to reduce fossil fuel emissions, a leadi…
New scheme for companies, charities and public sector organisations to offer discount on wholesale pricesThe chancellor, Jeremy Hunt, is poised to announce a cut to the financial support offered to businesses to help with their energy bills.A new schem…
Ministers missed crucial opportunities but should use energy windfall tax to speed up insulation efforts, committee saysA national “war effort” on energy efficiency is required to cut energy bills, reduce climate-heating emissions and ensure energy sec…
Exclusive: Centrica expresses ‘profound concern’ over financial resilience of some competitors British Gas owner Centrica has expressed “profound concern” over the financial resilience of some of its competitors in the domestic energy market and has wr…
People with disabilities more likely to cut back on energy use and food, Resolution Foundation saysDisabled people in the UK are much more likely to struggle to heat their homes and cut back on food this winter, according to a report highlighting “mass…
Falls could lower cost of government subsidies and reduce risk of power cuts this winterEuropean gas prices tumble amid warm January weatherEconomic forecasters could be forgiven for reading the outlook for 2023 through their fingers as strikes, cost o…
Three-month subsidy widely welcomed but passengers may need longer-term incentives to use routesA temporary £2 cap on fares that the government hopes will reinvigorate some of England’s bus services starts on Sunday – but campaigners are already warnin…