Ofgem plans could cut £45 from annual energy bills

Ofgem plans could cut £45 from annual energy bills

Plans unveiled by energy regulator Ofgem could cut £45 a year from energy bills across the country. The strategy involves capping the amount of money suppliers can pay their investors, reducing borrowing costs and a range of measures already announced to reform the way the network charges are passed on to consumers. Rate of returns …

Millions could suffer in ‘cashless’ Britain

Millions could suffer in ‘cashless’ Britain

Millions of elderly and vulnerable people could suffer as Britain sleepwalks into becoming a cashless society claims a new study. A report by former Chief Ombudsman Natalie Ceeney says banknotes and coins are a necessity for eight million people. Concern was also expressed for people living in rural areas or struggling with debt. The Access …

Smart meter fitting has no chance of meeting deadline

Smart meter fitting has no chance of meeting deadline

The government has no chance of meeting its 2020 deadline for fitting more than 46 million smart meters claims the National Audit Office (NAO). In a report officials said there was ‘no realistic prospect’ of the deadline being met, despite government assurances that the job would be completed on time. Slowing Official figures show the …