US Senators Investigate Data Centres' Effect on Electricity Prices
Three Democratic senators launch an inquiry into whether tech firms like Google and Amazon are passing soaring data centre energy costs to consumers. Could UK face similar pressures?
Category : Search result: electricity rates
Renewable grid could cut power costs by a third, CSIRO finds
New CSIRO modelling reveals an 82% renewable electricity grid could be a third cheaper than current wholesale costs by 2030, challenging claims of soaring energy prices. Explore the future of clean power.
Fury as Pubs Hit by Huge Business Rates Rises
UK publicans voice fury at Chancellor's business rates changes, with bills set to skyrocket by up to 126%. Landlords warn of closures, job cuts, and price hikes as the hospitality sector reels.
Sticky Inflation at 3.5% Puts Bank of England Under Pressure
UK inflation is forecast to remain stubbornly high at 3.5%, adding pressure on the Bank of England ahead of Thursday's pivotal interest rates decision. Read the latest analysis.
Mutated Flu Wave Sparks Fears of 8,000 UK Hospitalisations
A mutated flu strain is driving a severe winter crisis in England, with hospitalisations 56% higher than 2024. Experts warn of up to 8,000 patients as NHS braces for Christmas wave. Get your vaccine now.
Why you must switch your old savings account now
Millions of UK savers are missing out on better interest rates due to inertia. Finance experts reveal why switching is easy and crucial to beat inflation.
BoE's December Rate Cut Could Be a 'Closer Call'
Analysts warn the Bank of England's expected December interest rate cut is not a done deal. Governor Andrew Bailey's vote may be decisive as MPC hawks push back. Read the latest analysis.
Report: Business Rates Not Main Cause of High Street Decline
A new report challenges the narrative that business rates are killing UK high streets. Discover why local income and footfall are the real keys to revival. Read the full analysis.
Small brewers call for business rates rethink
UK's independent brewers warn of closures and price rises if planned business rates changes proceed. They urge the Chancellor to protect the sector's future. Read more.
UK Property Investment: 15-Year Winners & Losers Revealed
Exclusive analysis shows UK property returns varied wildly by region over 15 years. Discover where investors gained 24% and where they lost money.
£28bn UK Grid Upgrade to Add £30 to Annual Bills
Ofgem greenlights a £28bn upgrade to Britain's gas and electricity networks. The investment, funded via bills, aims to boost grid capacity but will add around £30 per year to household costs by 2031.
Snail Farm Tax Avoidance Scheme Exposed
A 79-year-old former shoe salesman is using snail farms in empty London offices to cheat councils out of millions in business rates. Meet the man behind Britain's most brazen tax dodge.
Switch Your Cash ISA for a Better Rate: A 2025 Guide
Don't let your savings languish. Our step-by-step guide explains how to transfer your Cash ISA to a higher-paying account without losing its tax-free status. Act now to boost your interest.
Black Friday footfall down 7.2% amid economic fears
UK high street visits fell sharply on Black Friday as cost of living pressures bite. New data and KPMG report warn weak consumer spending will curb 2026 growth. Read the full analysis.
Hospitality pleads for help as business rates soar
UK pubs and hospitality businesses face 'eye-watering' business rate hikes despite government promises, leading to viability fears. Discover the impact of the 2025 budget.
Hospitality sector betrayed by business rates overhaul
UK hospitality faces a devastating stealth tax as a promised 5p business rates cut hides massive bill increases. Pubs and restaurants warn of closures and price hikes.
Budget Fuels 93% Chance of December Interest Rate Cut
Traders predict a 93% likelihood of a Bank of England rate cut in December to 3.75%, making borrowing and mortgages cheaper. Discover what this means for you.
Reeves' 'Deceiving' Budget Delays Debt Repair
Rachel Reeves faces criticism for 'deceiving' Budget that delays fiscal repair as economists warn of interest rate hold fears. Key details on borrowing and tax changes.
Budget 2025: Retailers relieved by business rates changes
UK retailers welcome permanent business rates reduction in the budget, easing fears of mass closures. Sainsbury's and Tesco see lower costs than anticipated. Read the full analysis.
Small Business Tax Squeeze in Autumn Budget
Rachel Reeves' Autumn Budget delivers bitter cocktail for SMEs with dividend tax rises, frozen thresholds until 2030-31, and tighter enforcement. Discover how small businesses are affected.
Budget 2025: Business Rates Changes Explained
Chancellor Rachel Reeves announces lower business rates for retail and hospitality, funded by a new levy on large properties. Discover the full impact on UK high streets.
Budget spares horse racing but grassroots sport suffers
Chancellor Rachel Reeves exempts horse racing from betting tax hikes in the Budget, a move hailed by racing chiefs. Meanwhile, grassroots sports clubs warn of closures due to business rate changes.
Budget 2025: Hospitality Industry 'Deeply Concerned'
The UK's Autumn Budget offers little relief for the struggling hospitality sector, with no VAT cuts and a business rates reduction described as 'too little, too late'. Industry leaders fear widespread closures.
Budget: Lower Business Rates for Retail & Hospitality
Chancellor Rachel Reeves announces permanently lower business rates for retail and hospitality, funded by higher levies on online giants' warehouses. Will it save the high street?
Gas price surge drives Australian inflation crisis
New inflation data reveals how Russia's Ukraine invasion triggered an energy price shock, delivering windfall gas profits while households face soaring electricity bills. Discover the full impact.
Inflation Climbs to 3.8%, Energy Subsidies Hinted
Australian inflation rises to 3.8%, prompting Treasurer Jim Chalmers to consider extending electricity bill relief. Discover the latest economic pressures and government response.
Minimum Wage Increase to £10.85 Announced
The UK government has announced a significant increase to the National Minimum Wage, rising to £10.85 an hour for 18-20 year olds. Discover how this impacts 2.7 million workers.
Cash ISA limit cut could raise mortgage rates
Chancellor Rachel Reeves plans to slash cash ISA limits by 40%, potentially increasing mortgage rates and deterring savers. Learn how this budget move affects your finances.
UK Sport Leaders Share Budget Hopes and Fears
UK sport industry leaders reveal their Autumn Budget priorities, from major events funding to business rate relief. Discover what Chancellor Rachel Reeves must deliver.
Budget risks stifling UK sports stars, industry warns
Chancellor Rachel Reeves faces warnings that business rates changes could devastate grassroots sports and limit opportunities for young athletes across the UK. Industry leaders urge relief.
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