Michael Lewis, chief executive of E.ON, said up to 40 per cent of households could be in fuel poverty from October, if Ofgem increases the cap once again. 'We bailed banks out, now they must help us': Dave Fishwick calls on lenders to help with soaring mortgage ratesīills rising: Energy bosses are calling for more support for vulnerable householdsĬhief executives at some of the UK's biggest energy firms told MPs that people on lower incomes were going to 'really struggle' in the autumn as the household energy cap is expected to rise again.īosses from E.ON, EDF, Scottish Power, and Centrica (which owns British Gas) were quizzed by MPs on their efforts to support customers with rising energy bills, after complaints that suppliers were forcing people onto more expensive variable tariffs.įour energy suppliers appeared before the House of Commons Business, Energy and Industrial Strategy Committee to field questions on their handling of the energy price crisis.If Andrew Bailey Bailey is booted out, the danger is that independence for the Bank of England would effectively be at an end, says RUTH SUNDERLAND.More than half of divorcing couples fear for finance and that they will struggle to pay for basic groceries in their old age.TONY HETHERINGTON: Your insurer Privilege's advice to avoid a county court judgement is a car crash.by staying a day longer! Couples who choose to extend their ten-night trip to 11 nights could save over £1,000 CAR CLINIC: What's the best used car to comfortably accommodate our three children and a dog?.Want to start a business? Do it online: Why launching a website is the easy way to start out as an entrepreneur.woe for drinkers as the price of beer rockets by 50p in just 12 months Two pints of lager and no change for crisps.Blow to taxpayers as the UK's debt interest bill hits £500bn - the highest since the end of the Second World War.We are in our 70s, with an £800k home and want to gift our daughter a home deposit: Can we use equity release to do it?.SMALL CAP IDEA: Active Energy Group could upend renewables sector with cutting-edge biomass technology.Aston Martin Lagonda agrees £177m electric vehicle tech deal as Lucid Motors takes stake in FTSE 250 firm.ABF lifts profit forecasts as Primark cashes in on higher prices and demand for summer clothes.Sainsbury's to invest another £15m into price cuts amid pressure on grocers to help struggling consumers.HSBC plots departure from Canary Wharf headquarters in favour of BT Group's former St Paul's home. BUSINESS CLOSE: Aston Martin agrees $232m electric vehicle deal Cineworld to file for administration AB Foods lifts profit expectations.Step inside one of the 'worst' Grand Designs ever seen that's for sale for £1.95m - a 'floating' four-bed home built on an Essex flood plain.Soaring mortgage costs could be fixed with 25-year home loans, housing minister claims - so why don't Britain's homeowners have them?.Fiat has stopped making cars in one particular colour because it doesn't 'embody the Italian way of life' - but the decision could hammer UK sales.DIARY OF A FRAUDSTER: Reformed scammer lifts lid on new con which uses AI to spoof a child's VOICE and trick parents into paying a ransom.Britain's most and least reliable used cars revealed: The three models with flawless track records - and the expensive SUVs bringing up the rear.Lloyds launches two best buy cash Isa deals: Savers can now bag a 5.05% tax-free return.I'm a pensioner and interest-only mortgage prisoner: Will a DWP loan only pile more interest onto the 9.75% I already pay? Steve Webb replies.Base rate boost for savers: Top easy-access account now pays 4.21% and best fixed-rate deal hits 5.85%.
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