Finance News – Price Cap
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Insurers urged to reassess Russian oil coverage amid UK and EU price cap changes
Insurance companies are encouraged to review their policies related to Russian oil shipments due to upcoming modifications in pricing regulations by the United Kingdom and European...
Read Full Article →EU and UK lower price cap on Russian oil in bid to curb Kremlin’s war on Ukraine
Reducing the maximum allowable cost for Russian crude exports is intended to limit revenue streams, thereby impacting the financial resources available to support ongoing military...
Read Full Article →EU calls for lower price cap on Russian oil in move to tighten sanctions
Reducing the allowable sale price of Russian oil is intended to limit revenue streams to Russia, potentially weakening its financial capacity while reinforcing broader sanctions in...
Read Full Article →Typical energy bill in Great Britain to fall 7% to £1,720 a year from July
Starting in July, the average British household can expect to spend approximately £129 less annually on combined gas and electricity charges due to new regulatory adjustments refle...
Read Full Article →Annual energy bills in Great Britain forecast to fall by £129 in July
A recent forecast indicates that typical dual-fuel households in Great Britain may see their yearly expenses on gas and electricity decrease by approximately £129 starting in July,...
Read Full Article →Energy bills: EDF offers fixed deal £300 cheaper than price cap
EDF’s new 12-month energy plan offers substantial savings compared to regulatory limits, providing consumers with an affordable option amid continued fluctuations in gas and electr...
Read Full Article →Ten UK energy firms to pay £7m in compensation after overcharging error
Following an investigation by the energy regulator, multiple UK electricity providers will distribute £7 million in refunds to over 34,000 customers due to incorrect billing of fix...
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