The new year starts with a 1% increase in domestic gas and electricity prices under Ofgem's price cap.

Typical gas and electricity prices are rising again on 1 January 2025.

The prime minister writes to regulators including Ofgem and Ofwat for ideas to boost economic growth.

Energy firms will be forced to offer tariffs with no standing charges, under a proposal by Ofgem.

Energy firms will be forced to offer the new tariffs under a proposed shake-up of bills by the regulator.

Someone paying by direct debit and using a typical amount of energy will pay £21 more a year from January.

The energy supplier agrees to pay after it failed to issue credit to customers cancelling contracts.

The energy price cap is predicted to edge up by 1% from January, according to analysis by Cornwall Insight.