Thursday, November 5, 2026 · novaryn.co.uk
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2 result(s) for “Ofgem”

Business & Finance · Oct 31, 2026

Ofgem opens emergency consultation on winter stabilisation measures as UK faces volatile gas markets

Britain’s energy regulator launched an urgent, country specific consultation on October 31, 2026 proposing activation of market stabilisation tools to protect suppliers and consumers from sharp wholesale gas price swings this winter. The move aims to shore up import capacity and reduce the risk of supplier failures, while prompting debate over costs and the role of state support in Britain’s energy transition.

Business & Finance · Oct 6, 2026

UK energy price cap rise and VAT cut aftershocks deepen pressure on households and firms

Ofgem raised the energy price cap for October to December 2026, while the government rebate of VAT on domestic electricity, introduced earlier in October, leaves a gap between headline help and bills many households will still face. The combined measures are reshaping household budgets and corporate cost forecasts ahead of the Autumn Budget.