Energy bills to soar as string of suppliers go bust

Experts warn households could be forced onto more expensive energy tariff with new supplier by the end year By Laura Shannon, Financial Mail on Sunday Published: 21:52 BST, 17 October 2020 | Updated: 21:52 BST, 17 October 2020 Hundreds of thousands of households could be forced to move to a more expensive energy tariff with … Read more

Energy suppliers can claim ‘green’ credentials by paying just 93p a year per customer

Energy suppliers can claim to offer environmentally-friendly green tariffs by paying as little as 93p per customer per year to renewable power plants, it has emerged. Companies which supply electricity to Britons buy green energy certificates cheaply from wind farms and hydroelectric power stations.  They then have the right to call their tariffs ‘renewable’, even … Read more

Less than half of switching customers properly refunded by energy suppliers

The energy regulator put new rules in place earlier this year to help households get any credit back from their old supplier if they switch – but these rules aren’t working, new research has revealed. Customers have been left waiting for months to get their money back, according to data from Which?, with just six … Read more

Aerospace bosses in £1bn fund to prop up suppliers

Top aerospace companies plotting £1bn bailout fund to help suppliers stricken by coronavirus crisis By Daily Mail City & Finance Reporter Published: 21:50 BST, 9 August 2020 | Updated: 21:50 BST, 9 August 2020 Top aerospace companies are plotting a £1billion bailout fund to help suppliers stricken by the virus crisis.  The fund would help … Read more

Are you footing the bill for cash others save by switching energy suppliers?

The energy comparison website industry is a ‘parasite market’ that adds £100million a year to the gas and electricity bills paid by households who rarely even switch to the best deals, research by academics has concluded. A University of Leeds study has discovered that energy suppliers typically hand over at least £25 in commission to … Read more

Energy bills to fall by average of £84 a year as watchdog cuts price cap on suppliers to record low 

Energy bills to fall by an average of £84 a year as watchdog cuts price cap on suppliers to a record low From October a typical family should pay no more than £1,042 a year  Around 11million loyal customers are thought to be overpaying on energy bills  Energy prices are lower as a result of … Read more

Energy suppliers restart smart meter installations

Energy suppliers restart smart meter installations but customers will be screened by call centre workers By Miles Dilworth For The Daily Mail Published: 22:01 BST, 2 June 2020 | Updated: 23:20 BST, 2 June 2020 Energy suppliers are restarting smart meter installations after a two-month pause Energy suppliers are restarting smart meter installations after a … Read more

Rolls-Royce piles pressure on smaller suppliers  demanding price cuts

Rolls-Royce turns the screw on hundreds of smaller suppliers by demanding price cuts of up to 15% By Daily Mail City & Finance Reporter Published: 21:50 BST, 25 May 2020 | Updated: 22:06 BST, 25 May 2020 Rolls-Royce is demanding price cuts of up to 15 per cent from hundreds of smaller suppliers as the … Read more

Primark’s decision to cancel all its suppliers’ orders is branded ‘unethical’ and ‘apocalyptic’

Primark’s decision to cancel all its suppliers’ orders is branded ‘unethical’ and ‘apocalyptic’ By Daily Mail City & Finance Reporter Published: 21:59 BST, 1 April 2020 | Updated: 21:59 BST, 1 April 2020 Primark’s move to cancel all its suppliers’ orders has been branded ‘unethical’ Primark’s shock decision to cancel all its suppliers’ orders is … Read more

Fashion giant H&M to redirect suppliers to make masks, gowns and gloves for doctors

Fashion giant H&M to redirect suppliers to make masks, gowns and gloves for doctors By Daily Mail City & Finance Reporter Published: 21:50 GMT, 22 March 2020 | Updated: 22:24 GMT, 22 March 2020 Fashion giant H&M will redirect its suppliers to manufacture thousands of masks, gowns and gloves for doctors.  It said it would … Read more