Gas and electricity prices could skyrocket more than 50% to £2,000 a year in the New Year as ‘stratospheric’ wholesale gas prices threaten a ‘national crisis’, providers warned today – as former Tory leader Iain Duncan Smith accused Putin...
UK energy suppliers will face new financial stress tests from January as part of a series of plans from the industry regulator to boost the sector’s resilience after rocketing market prices for gas and electricity caused dozens to collapse. Ofgem will test providers...
