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New energy price cap to be about £3.5k

Heather Trudeau
Bank of England press conference, Cornwall Insight, energy bills, energy crisis, energy customers, energy market, energy price cap, energy prices, energy retail market, energy suppliers, Finance & Markets, gas prices, inflation, Ofgem, price cap, Top Stories, uk economy
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New energy price cap to be about £3.5k Average yearly energy bills could increase to £3.5k, according to the Bank of England (BoE). At a press conference where officials reported the largest interest rate hike in 27 years while forecasting a prolonged period of recession for the UK, Governor Andrew Bailey stated: “We think, on…
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Businesses could see October energy bills soar x5

Heather Trudeau
Business Energy, business energy prices, businesses, Cornwall Insight, energy bills, energy crisis, energy customers, energy deal, energy supplier, Finance & Markets, gas bills, gas prices, gas supplies, liquefied natural gas, October price cap, Tariff, Top Stories, uk economy
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Businesses could see October energy bills soar x5: Businesses in the UK will see their energy bills rocket when new contracts are negotiated in October1 according to data from Cornwall Insight. Some will face bills five times their current price, as concerns over Russian gas supply, tight electricity markets in Europe, and a global disruption…
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Energy bills are set to soar by October

Heather Trudeau
Business Energy, business energy prices, businesses, Cornwall Insight, energy bills, energy crisis, energy customers, energy deal, energy market, energy prices, energy supplier, Finance & Markets, gas bills, October price cap, Tariff, Top Stories, uk economy
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Energy bills are set to soar by October As more and more companies have difficulty operating through rising energy costs and the soaring prices of living, reports have cautioned business energy bills are set to rocket in October. Consultants at independent data analyst company Cornwall Insight have stated as many businesses are negotiating their contracts…
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Dead end for carmakers?

Heather Trudeau
automotive, carbon dioxide emissions, Electricity Prices, energy bills, energy costs, energy crisis, energy prices, Europe, Finance & Markets, gas prices, net-zero, Top Stories, uk economy
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Dead end for carmakers? The British automotive industry could be the next victim of rising energy prices. New reports from the Society of Motor Manufacturers and Traders (SMMT) displays firms face a £90m boost in their energy bills this year as prices climb by a staggering 50 percent. The report implies the UK electricity costs…
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Govt to explore windfall tax if little investment is made

Heather Trudeau
Boris Johnson, Chancellor, energy bills, energy prices, Finance & Markets, gas prices, oil and gas, Rishi Sunak, Top Stories, uk economy, UK government, windfall tax
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Govt to explore windfall tax if little investment is made: The Prime Minister has not taken the idea off the table of bringing in a windfall tax on the profits of oil & gas companies. On LBC radio, in an interview, Boris Johnson stated: “The disadvantage with this sort of taxes is that they deter…
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Family Car Being Fleeced £10 at Each Fill Up

Heather Trudeau
Competition and Markets Authority, cost of living crisis, diesel, Finance & Markets, Fuel Supply Chain, fuel wholesalers, oil companies, oil prices, pandemic, petrol prices, PumpWatch, RAC Foundation, Rishi Sunak, uk economy, UK government
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Family Car Being Fleeced £10 at Each Fill Up: When Will Government Wake Up to The Chronic Profiteering in the Fuel Supply Chain‘s & its Impact on the Cost of Living? The staggering exploitation and greediness shown by oil companies and fuel wholesalers exceed belief. Prices at the pumps should now be 15p to 20p…
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Cornwall Insight responds to publication of energy strategy

Heather Trudeau
Cornwall Insight, energy bills, energy crisis, energy efficiency, Energy Security Strategy, energy white paper, hydrogen, net-zero, Nuclear Power, Policy, Regulated Asset Base, uk economy, UK government
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Cornwall Insight responds to publication of energy strategy : Gareth Miller, CEO at Cornwall Insight said: “The Energy Security Strategy is a very political document that raises as many questions as it answers. There are clear favourites and as much can be read in to what is in the Strategy as what is not. 15…
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Economy & Lives being Ruined by High Pump Prices

Economy & Lives being Ruined by High Pump Prices

Heather Trudeau
Chancellor of the Exchequer, driving, FairFuelUK, motorists, petrol prices, PumpWatch, Rishi Sunak, uk economy, UK government
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Economy & Lives being Ruined by High Pump Prices: Wallet busting pump prices are forcing motorists to stop seeing family, or eating out, even cancelling medical appointments. Howard Cox, founder of FairFuelUK said: “Our latest survey of opinion shows; the eye watering pump prices, inflicted on one of the world’s already highest taxed drivers are forcing…
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