UK energy and home services provider
The National Audit Office says awareness of social tariffs among broadband and water customers is low, and regulators must align measures with consumer needs. Ofgem is raising debt relief efforts as energy prices rise, while water tariffs vary by region and face criticism as a “postcode lottery.”
Sizewell B will continue generating electricity until 2055 after a 20-year life extension, with a contract for difference guaranteeing 370.50 per megawatt-hour from 2035. The move aims to shield billpayers and secure thousands of jobs and clean power, while backing new nuclear projects.
Thames Water is on the brink of a government-led rescue, with creditors pressing for a workable plan to avert a special administration regime. Reports indicate ministers may push for increased public control or even partial nationalisation, while creditors warn funding could run out by year-end without a deal.