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National Grid asks Drax and EDF to start warming three plants and says it will activate its live demand flexibility service on Monday eveningBritain’s electricity generators have been forced to warm up coal-fired power stations for the second time this…
Grant Shapps tells firms to stop pushing consumers on to pre-paid tariffs amid threat to ‘name and shame’ worst offendersThe business secretary has urged energy suppliers to stop forcibly switching households struggling with energy bills to prepayment …
Residents of Hathersage Court in Islington concerned they would be cut off from energy supplies this winterA council in London has halted the forced installation of prepayment meters after outrage from residents concerned they would be cut off from ene…
Criticism at Davos for big companies that, ‘like the tobacco industry’, ride roughshod over their own scienceThe head of the United Nations has accused the world’s biggest fossil fuel companies of refusing to abandon a business model at odds with human…
Bank of England must proceed with caution as households are still cutting back and business confidence is weakUK inflation dips slightly to 10.5%Baker Warburtons battles soaring food inflationThere is hope for households across Britain that inflation, …
Charities and non-profit bodies urge Jeremy Hunt to introduce discount tariff from April 2024Jeremy Hunt is facing calls for a “social energy tariff” providing cheaper gas and electricity for low income households to be introduced when government suppo…
But Bank of England’s Andrew Bailey says worker shortage could still pose major risks in cost of living crisisThe governor of the Bank of England has said there could be a “rapid” fall in inflation in Britain amid a drop in global energy prices over re…
Africa’s most industrialised economy being hit by daily power cuts as anger grows among opposition and publicCyril Ramaphosa has cancelled his trip to the World Economic Forum in Switzerland as South Africa grapples with an unprecedented energy crisis …
Exclusive: Hundreds of thousands of people are not covered by price cap and have faced huge rise in costsResidents of flats with communal heating systems could mount a legal claim against their network operators after experiencing rises of up to 700% i…
Equinor chief says bills won’t return to levels seen before Ukraine invasion given windfall taxes and move to greener energyBusiness live – latest news updatesThe boss of one of Europe’s biggest energy companies has warned that higher gas and electrici…