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Morals Vs Margins: Utility Warehouse ordered to pay £1.5million for failing to support vulnerable customers. Ofgem orders utility warehouse to pay £1.5million for ignoring customers facing hardship. Ofgem has ordered Utility Warehouse to pay £1.5m after the company...
2 GW of extra power to be restored at IFA1 in kent,10 months ahead of schedule. The UK's national grid has announced that it plans to bring a full 2 gigawatts of capacity back to its IFA1 interconnector in Kent. The extra capacity is expected to be introduced in...
Dyce Energy has written to both its customers and broker network this morning. The letter’s stated goal is to outline Dyce Energy’s current position, but it asks a lot more questions than it answers. Current Dyce Energy business customers, who have contracted with...
SME's Lagging On Net Zero Goal. As the government pushes to meet its 2050 Net Zero emissions target, it has surfaced that there is still a greater challenge to push smaller companies to join the movement and cut their carbon footprint. Only around half of smaller...
Vital manufacturers including producers of steel, glass, ceramics and paper, have threatened the government with closure unless soaring wholesale gas prices come to an end. Industry experts held talks with minister Kwasi Kwarteng but concluded with no immediate...
Putin steps in as global oil prices jump to a new three year high at $83 a barrel. Gas prices hit a new three-year peak on 5th October 2021, fuelling further worries for households and businesses alike. The surge in price is due to high demand as the world recovers...
New OPEC Deal is Expected to Ease the Global Fuel Prices The member countries of OPEC (Organization for Petroleum Production Countries) and several other oil-rich countries like Russia finally agreed to boost the oil production by 400,000 tons per day starting from...
Award winning financial journalist Willian Key has tipped the National Grid PLC as a prime investment opportunity over the coming 12 months. The highly experienced financial journalist is advising readers in a recent Times article to invest in National Grid PLC...
The recent energy price surge is a key factor in the increase of the headline rate of inflation for April. Inflation is currently running at 1.5%, the highest figure since the start of the Corona Virus pandemic. The consumer prices index for the month of April more...
Does your energy broker really work for you? The answer: - Do you pay them? Because they work for who pays them. If your current energy broker does not charge you a fee for arranging your energy contract, then they are working on what is called the “uplift model”....