Energy Price Cap to Drop by £117 in April
Ofgem is set to announce a £117 reduction in the energy price cap from April, lowering typical bills to £1,641. Chancellor Rachel Reeves' £150 cut pledge will vary by household usage.
Ofgem is set to announce a £117 reduction in the energy price cap from April, lowering typical bills to £1,641. Chancellor Rachel Reeves' £150 cut pledge will vary by household usage.
US President Donald Trump has increased global tariffs to 15%, up from 10%, following a Supreme Court ruling. Keir Starmer is urgently working to mitigate the impact on British businesses and key sectors like steel and pharmaceuticals.
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Households will see energy bills fall by approximately 7% from April 1, with the average bill reduced by £150 due to government policy changes and Ofgem's price cap adjustment.
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