Energy bills to fall as Ofgem cuts UK price cap by seven per cent
Friday, 23 May 2025 () UK households are set to see a modest drop in their energy bills this summer, after regulator Ofgem revealed a seven per cent cut to its quarterly price cap – the first reduction in a year. The announcement will bring the average annual bill for a typical household in the UK down from £1,849 to [...]
Household energy bills will drop by 7% from July, the energy regulator Ofgem announced on Friday.
Ofgem's announcement is the first drop in the energy price cap for more than a year. Energy secretary Miatta Fahnbulleh welcomed the announcement, saying: "Bills going down will be a big relief for...
Bill Gates has revealed his kids will inherit "less than one per cent" of his fortune because he doesn't want to create a family "dynasty" and worries handing them his wealth "wouldn’t be a favor to..
Friday, 23 May 2025 ()
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