Ofgem has confirmed that the average annual energy bill will be below £2,000 for the first time since April 2022.
The energy price cap is set to fall to £1,923 from October for the last quarter of the year, Ofgem has just announced.
In a change that’s set to bring the average annual household energy bill to below £2,000 for the first time since April 2022, the energy regulator has just announced this morning that the energy price cap will once make a further reduction from October.
From 1 October – 31 December, the cap will be set at an annual level of £1,923 for a dual-fuel household, according to Ofgem.
The change could save households an average of £151 on the previous quarter.
Ofgem says the energy price drop – which is at the lowest level since October 2021 – “reflects further falls in wholesale energy prices” as the market “stabilises”, and as suppliers return to a “healthier financial position” after four years of loss-making following the COVID pandemic and amid the cost of living crisis.
These energy price cap savings continue on the downward trend since prices peaked at £4,279, however, it remains well above the average before the energy crisis took hold in 2021.
The energy regulator has conceded that market unfortunately “remains volatile”.
Alongside changes to the energy price cap, Ofgem has also announced measures to reduce costs for prepayment meter customers this morning – which is says ensures “extra support” for those struggling and most at-risk of being “disconnected” from the network.
Ofgem’s announcement of the lowering of the energy price cap comes within the same week that a shocking new survey by Which? found that nearly nine in 10 (85%) British households admitted to trying to cut back on their energy usage due to rising bills putting significant financial, physical, and emotional strains on consumers.
The same survey also revealed that 13 million Brits didn’t put their heating on when it got cold last winter, claiming they were “too scared” to do so.
Energy costs are dropping slightly for most households from 1 October. But rates will be incredibly high still, and we’re not getting the extra support we did last winter.
Which? also found that consumers in at-risk groups – including those in lower-income households, and those aged 45-64 years old – were more likely than others to not turn the heating on when it’s cold, which the consumer group said “clearly demonstrates” just how many people have had to make “severe cutbacks” to afford their energy bills.
Experts also claimed people may be “putting their own health at risk” in the process of trying to afford their energy bills.
The next quarterly energy price cap announcement will be in November 2023, which will cover January – March 2024, Ofgem has confirmed.
Leeds Fest is almost here, but festival-goers heading to Bramham Park by car have been warned to take extra care on the roads.
Driving to Leeds Festival has never been particularly easy, but West Yorkshire Police have issued a warning to those driving by car in an attempt to make it somewhat easier.
Ahead of Leeds Festival 2026, temporary traffic management measures will be in place from Wednesday 26 August until Monday 31 August.
The measures are designed to improve road safety, reduce congestion, and help ensure the safe movement of the tens of thousands of people expected to attend the event.
Speed camera enforcement vans will be operating throughout the festival period alongside clearways surrounding the festival site.
Police have warned that drivers caught breaking the temporary restrictions could face prosecution, so it's definitely worth keeping an eye out for the signage as you approach the festival.
Superintendent Dan Wood said: “Leeds Festival is one of the largest events in West Yorkshire and attracts a significant increase in traffic to the local road network.
"The temporary speed restrictions and clearways are being introduced to help keep everyone safe, including festival-goers, local residents and road users.
"We would ask all motorists to pay close attention to the temporary signage in place and allow extra time for their journeys. Speed enforcement will be carried out during the event, and we encourage drivers to comply with all restrictions for their own safety and that of others."
Festival attendees are also being urged to follow the event signage rather than relying solely on their sat nav. Dedicated routes will direct different categories of visitors to the correct locations, including:
Camping entrances
Day / Non-camping ticket parking areas
Drop-off and pick-up points
Staff and authorised vehicle access routes
Motorists who follow sat nav directions alone may be directed to unsuitable routes, causing unnecessary delays for themselves and other road users.
Leeds United among Premier League clubs with the cheapest pints, new data reveals
Clementine Hall
Leeds United fans looking for a crisp pre-match pint, you're in luck.
Why? Because new data has revealed Leeds United as one of the Premier League clubs offering the cheapest pints.
It's al down to credit card provider Zable who analysed the average price of a pint at pubs near every Premier League stadium, revealing which fanbases pay the most, and least, for their pre-match drink.
You'll be glad to know that Leeds United ranked a very respectable fifth among the Premier League teams with the cheapest pre-match pints, with fans paying an average of £4.74 at pubs near the Elland Road Stadium.
Images: The Hoot Leeds
However, if fans are looking to grab a drink inside the stadium, they face a higher price tag, with a pint costing £5.60, a difference of over 18%.
Newly promoted Coventry supporters are getting the best deal in the league with the average pint nearby to the stadium costing £4.16, whilst Sunderland came in second please (£4.41), followed by Hull City (£4.70).
The top 10 most expensive pre-game pint prices at nearby stadium pubs:
Coventry (£4.16)
Sunderland (£4.41)
Hull City (£4.70)
Bournemouth (£4.72)
Leeds United (£4.74)
Liverpool (£4.95)
Newcastle United (£5.07)
Manchester United (£5.18)
Ipswich Town (£5.27)
Nottingham Forest (£5.34)
Adam McAllister at Zable says: "For many fans, grabbing a pint before kick-off is part and parcel of the matchday experience, but our research shows that where you choose to drink can make a noticeable difference to the price. While stadium pints are often assumed to be more expensive, that's not always the case.
"With the cost of attending football continuing to add up, from tickets and travel to food and drinks, small differences like these can make a real impact on the overall cost of a matchday. Taking a little time to compare prices before heading to the stadium this season could help fans make their money go further, whether they choose to have a pint at the pub or inside the ground."
Emily Sergeant -
25th August 2023 
