New research has shown that volumes of online searches for ‘wood burning stoves’ have soared (up by 36%) compared to last year, suggesting a surge in interest in old-school domestic… The post Forget Ovo Energy advice, new data on how Brits are really keeping warm appeared first on London Business News | Londonlovesbusiness.com.
Lowering VAT charges on fuel may be politically attractive but is not good news for those who will struggle the most, say leading tax and advisory firm Blick Rothenberg Heather… The post Lowering VAT on fuel bills won’t work for the poorest appeared first on London Business News | Londonlovesbusiness.com.
The energy firm Ovo are to cut 1,700 jobs leaving workers “devastated” and unions will oppose the job cuts. The government has been criticised by unions for “doing nothing” to… The post Energy firm to cut 1,700 jobs leaving workers ‘devastated’ and will reduce number of offices from 10 to three appeared first on London…
Ineos has agreed a long-term Power Purchase Agreement for renewable offshore wind power in Belgium with sustainable energy producer Eneco. Under the terms of the ten-year deal, which begins in… The post Ineos signs renewable power deal with Eneco appeared first on London Business News | Londonlovesbusiness.com.
Centrica has warned their consumers that the “market suggests” that high gas prices will continue “for the next 18 months to two years.” Centrica chief executive Chris O’Shea told the… The post Centrica chief warns ‘the market suggests’ high gas prices will continue ‘for the next 18 months to two years’ appeared first on London…
Labour have announced that they would create a £600m contingency fund which would help firms who are struggling including “energy intensive” sectors which has been welcomed by steel campaigners. This… The post Labour would create a £600m fund for steel and ‘other key strategic industries’ which is welcomed by steel campaigners appeared first on London…
The UK is in an energy crisis and prices are now affecting the economy as the upcoming price hike could lead to the country seeing a “2% rise in the… The post UK’s energy crises will see households paying more than 50% in April as the energy price cap will be updated appeared first on…
Together Energy is looking likely to collapse within weeks which will deepen the energy crisis in the UK. The enrgy company has around 170,000 customers and they have been looking… The post UK’s energy crisis gets worse as another huge energy firm with 170,000 customers is set to collapse within weeks appeared first on London…
In the UK, an average 55 litre tank of petrol costs £81, while electricity costs are an average of £39 a week. These figures combined mean that Brits spend an… The post Petrol and electricity in the UK is among the most expensive in Europe which consumes 26% of the average weekly wage appeared first…
Orbit Energy who had 65,000 customer ceased trading last week following soaring gas prices which has seen many energy suppliers go bust. On Monday a judge in a specialist court… The post Judge concludes that Orbit Energy is insolvent after closing their doors following soaring gas prices appeared first on London Business News | Londonlovesbusiness.com.
