Energy grid investment of £28bn to push up household bills

Residents in two tower blocks have reported a dramatic increase in their energy bills, which have reportedly quadrupled overnight after previously being subsidized. This sudden rise has left many pensioners struggling to cope with the financial burden.

Liverpool Street has been named the UK's busiest station once again, with approximately 98 million passengers recorded entering and exiting the station until the end of March, according to the regulator.

The construction sector in the UK has contracted at its fastest rate since the onset of the pandemic, according to a recent survey. Analysts suggest that this decline may be a temporary fluctuation as the country approaches the upcoming Budget announcement, which is expected to introduce significant fiscal changes.

AVS Group Ltd, the operator of a pornographic website, has been fined £1 million for failing to implement age verification checks and has not responded to communications from Ofcom since July. The lack of engagement with the regulator raises concerns about compliance with legal requirements aimed at protecting minors online.

An investigation into pre-Budget leaks has been initiated, as Chancellor Rachel Reeves expressed her full support for a review of security processes leading up to the Budget announcement. This comes after significant market reactions to early disclosures of key budget measures.

Customers in Britain will see an increase in their energy bills due to investments in the country's energy networks, although they may benefit from savings from other changes. This adjustment reflects ongoing efforts to modernize and enhance energy infrastructure.

Editor’s Note: This change in energy prices is important as it affects household budgets and overall energy affordability. Understanding these adjustments helps consumers plan their expenses better.

Households in Great Britain are set to face increased energy bills as Ofgem has approved a £28 billion investment to upgrade the gas and electricity grids, which is expected to add approximately £30 to the average annual bill. This spending plan includes over £17.8 billion allocated for gas transmission and distribution networks over the next five years, starting from April 2026.

A court has ruled in favor of Adidas in an appeal concerning its collaboration with rapper Kanye West, amid accusations from investors that the company misled them as its relationship with West began to deteriorate.