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BBCNEWS BBC News June 4, 2024 13:03:00

This is confirmation of the figures that so many households in britain had been dreading. i am terrified that when the winter comes we are not going to have enough for the bills. claire s partner has a good job, but with the typical household bill going up by 80% to just under £300 a month, they are facing difficult decisions. making those choices of what you can use and what you can t, we don t use the dryer because we physically can t use it because the amount of energy that it requires is so much more. the shower is an electric shower. me and my partner aren t suffering, it s the children that suffer. the cap limits the amount that can be charged per unit on a basic standard variable tariff. there is a higher rate for prepaid customers. it is supposed to allow suppliers to cover the costs of the wholesale energy they buy while protecting customers. global prices have spiked as the war in ukraine ....

Rough Winter , Claire S , Household Bill , I Energy , Me And My , Aren T Suffering ,

BBCNEWS BBC News June 4, 2024 16:01:00

To justify the search of donald trump s home in florida. coming up in this week s film review, idris elba fights a lion in beast. what does anna smith think of this adventure thriller? she ll tell us and review the rest of the week s film releases. millions of households in england, scotland and wales are likely to see their energy bills soar by more than 80% after the regulator ofgem raised its price cap. that s the maximum amount consumers on a standard variable tariff can be charged per unit. ....

Anna Smith , Film Review , Lion In Beast , Donald Trump , Idris Elba , Adventure Thriller , Film Releases , Energy Bills , Price Cap , Regulator Ofgem ,

BBCNEWS BBC News at Six June 4, 2024 17:02:00

Good evening. it s been confirmed that energy bills will soar by 80% in october for tens of millions of people in england, scotland and wales, causing real hardship for many who are already coping with a steep rise in the cost of living. it s the result of the regulator ofgem increasing its price cap that is the maximum amount that people on a standard variable tariff can be charged per unit of energy. abby is a single mum living in ipswich. the energy price rise will hit her hard. ....

Energy Bills , Price Cap , Cost Of Living , Regulator Ofgem , Energy Price Rise ,

BBCNEWS BBC News June 4, 2024 14:03:00

Going up by 80% to just under £300 a month, they are facing difficult decisions. making those choices of what you can use and what you can t, we don t use the dryer because we physically can t use it because the amount of energy that it requires is so much more. the shower is an electric shower. me and my partner aren t suffering, it s the children that suffer. the cap limits the amount that can be charged per unit on a basic standard variable tariff. there is a higher rate for prepaid customers. it is supposed to allow suppliers to cover the costs of the wholesale energy they buy while protecting customers. global prices have spiked as the war in ukraine restricted gas and oil supplies at the same time as an increase in demand as the world emerged from the pandemic. so the regulators say they have to let companies charge customers more. the truth is, this is beyond the capacity of the regulator and industry to address. so what we are saying today is, ....

Household Bill , I Energy , Me And My , Aren T Suffering ,

BBCNEWS BBC News June 4, 2024 20:12:00

It s the result of the regulator ofgem increasing its price cap that s the maximum amount that people on a standard variable tariff can be charged per unit of energy. the bbc s business editor, simonjack, reports. a sense of scale is important when considering the size of the energy crisis. average gas and electricity bills of £296 per month go into the winter will be unthinkable. some predictions suggest they could go north of £500 a month next year, more than an average household s monthly income tax bill. out all those together and you get a giant ....

Price Cap , S Business Editor , Regulator Ofgem , Energy Crisis , Income Tax Bill ,