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British Gas boss says energy bills rise inescapable if prices stay high
The discussion of ways to mitigate any energy price rises came after the government’s cost-of-living tzar, Lord Walker, who is also chief executive of supermarket chain Iceland, suggested in the Sunday Times that energy companies and petrol stations should have their profits temporarily capped as oil prices jump.
ECB holds interest rates at 2%
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The European Central Bank has left its benchmark interest rate unchanged at 2 per cent for the fourth meeting in a row but raised its growth forecast for the Eurozone. Thursday’s rate decision was in…
Rail fares to be frozen in England next year
Rail fares in England next year are to be frozen for the first time in 30 years, the government has announced. The freeze until March 2027 will apply to regulated fares, which includes season tickets and off-peak returns. The most recent fare rise, in March 2025, was 4.6%. Rail fares traditionally have gone up in…
Energy costs in Wales – how much will they rise by and what help is there?
With colder weather on the way, millions of households in Wales face another spike in energy costs. From 1 October, 2025, the price for energy for a typical household will go up by 2% to £1,755 per year. Bills are significantly lower than they were at the peak of the energy crisis, but another winter…
Cost of living: Families are priced out of London, Assembly told
Kumail JafferLocal Democracy Reporting Service AFP via Getty Images The number of births in London in 2023 was 20% lower than the peak in 2012, according to the London Assembly Families are being priced out of living in London due to rising costs and a lack of social housing, the London Assembly has been told….
