EDF, one of the UK’s big six energy suppliers, could be in line for a £1bn windfall each year for three years from its existing coal and nuclear power stations under a controversial government-designed auction which starts on Tuesday.
Which? tells consumers to buy now as Best Buy cleaners fall foul of EU energy label that prohibits motors above 1,600w
Inflation fell to its lowest level in more than five years in May after a sharp drop in air fares and retailers discounted food and clothing prices.
UK inflation fell to its lowest level in more than four years last month, easing the burden on households after years of squeezed incomes.
Compare and contrast. In the euro area, falling energy prices are cited as one of the reasons why the annual inflation rate has dropped to a four-year low of 0.7%.
The best part of Ed Miliband's new energy policy is the plan to abolish Ofgem.
Inflation eased down to 2.7% in August thanks to smaller price rises for petrol and new autumn fashion ranges but the cost of living continued to outstrip pay rises.
Inflation fell in July but remains well in excess of pay rises for the average British worker, leaving many households struggling with falling incomes.
The incoming governor of the Bank of England has warned Europe it must make "sustained and significant reforms" if it is to avoid a Japanese-style lost decade caused by austerity measures.