British households still 'saddled with highest energy bills in developed world'
Energy experts have had their say on the news today that the energy price cap will fall to £1,720, saving households on capped tariffs £129 a year from July.
Ashton Berkhauer, an energy expert at MoneySuperMarket, commented: 'The reduction in the energy price cap is welcome, if overdue, news for families across the country who the cost-of-living crisis has battered.
"However, even with this reduction, the price cap is still almost 50% higher than when it was first introduced in 20191."
'For over half a decade, British households have been saddled with some of the highest energy bills of any developed country in the world.
"The average UK household currently pays around 27% more for its energy than their European neighbours.
"So, while this latest move from Ofgem is a step in the right direction, many households will still be feeling the impact of high energy bills.'
Recommended reading:
New and advanced 'ultra' speed camera that can see inside cars rolled out in UK
Millions of drivers set to be impacted by new parking payment app in England
Leading GP issues urgent prostate cancer warning to men across the UK
Ashton continued 'In recent months we've worked with our energy partners to bring more competition into the market with below-price cap deals, helping households save up to £4333 on their energy bills, and with 92% of customers on a standard variable rate4, switching can make a real difference to your bills.'
From 10am today (Friday 23rd May), MoneySuperMarket customers will have access to a new exclusive fixed energy deal from E.ON Next, below the new energy price cap5.
Priced at £1,573 for a 12-month fix, the E.ON Next 12m fixed v56 tariff is £147 below the current energy price cap, and is available to both new and existing E.ON customers.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
an hour ago
- Yahoo
New Betting Sites for UK Players - BetFoxx Leads Recommendations as Most Exciting New UK Sportsbook
Discover why BetFoxx is one of the best new betting sites in the UK. Read our expert review covering games, bonuses, mobile experience, security, and more. Betfoxx New York City, NY, June 07, 2025 (GLOBE NEWSWIRE) --Welcome to our comprehensive betting review of BetFoxx, a brand new betting site making waves in the UK's dynamic online betting landscape. Tailored specifically for UK customers, BetFoxx brings a host of innovative features designed to enhance your British sports betting experience. JOIN THE MOST TRUSTED NEW BETTING SITE AND ONLINE CASINO: BETFOXX BetFoxx is part of the ever-evolving UK betting scene and stands out as one of the newest betting sites to launch in the UK. In this review, we'll delve into what makes BetFoxx shine among the newest UK betting sites, highlighting its user-friendly interface, unique offerings, and dependable reliability. Join us as we uncover why BetFoxx is quickly becoming one of the best betting sites in the Started at BetFoxx Diving into the world of new betting sites in the UK has never been easier! Creating a new betting account at BetFoxx is quick and straightforward. Your betting account, also referred to as a sports betting account, gives you access to all features, bonuses, and promotions. BetFoxx offers a streamlined, user-friendly approach to starting your betting journey. Here's how you can get set up and start enjoying the multitude of betting options available. 1. Visit the Official BetFoxx Website To begin your adventure with BetFoxx, simply visit their official BetFoxx's website. It is designed to be intuitive, making it easy to locate all the essential features and navigate through the site seamlessly. 2. Create Your Account in Minutes Once on the website, look for the 'Sign Up' or 'Join Now' button. This will take you to a registration page where you will be asked to fill out some basic information. Providing your name, email address, and choosing a secure password only takes a couple of minutes. 3. Verify Your Identity to Start Playing In compliance with UK gambling regulations, online sportsbooks and betting companies require identity verification. To complete this step, have your identification documents ready, such as a passport or a driver's licence. This process ensures the security and fairness of the platform. 4. Deposit Funds and Explore Your Betting Options After verifying your identity, you're ready to deposit funds. BetFoxx supports a variety of payment methods to suit different preferences. Once funded, you can explore a vast range of betting options available on the site. Whether you're into sports betting or casino games, the array of choices guarantees something for every punter. Go to the BetFoxx sign-up page What British Punters Should Know About New Online Betting Sites The landscape of new online betting sites in the UK has seen rapid evolution. These platforms offer fresh opportunities, advanced technology, and often better odds compared to traditional bookmakers. Exploring the World of New Betting Sites in the UK British punters are now presented with a vast array of new online bookies, each vying for attention through unique offerings and innovative features. Online bookmakers are regulated and offer secure payment methods, making them a reliable choice for punters concerned about safety and trust. Punters are always searching for the best new betting sites that provide the best odds and a wide range of sports betting markets. Unlike established bookmakers, new platforms are more adaptable and often introduce cutting-edge technologies, providing a more dynamic betting experience. Feature New Online Betting Sites Traditional Bookmakers Odds and Payouts Frequently higher returns Standardised odds Technology Advanced interfaces, mobile-friendly Basic navigational tools Promotions Regular offers, welcome bonuses Limited special offers Market Variety Broader range, niche markets included Focused on mainstream markets The variety of betting market options is a key factor in choosing the best betting site, as it allows punters to access both pre-event and in-play markets, as well as specialized categories like accumulators. Why British Punters Are Turning to New Online Bookies The shift towards new online betting sites among British punters can be attributed to several key benefits. Firstly, these new online bookies often provide better odds, and their competitive betting odds are a major draw for new customers seeking value. Secondly, their use of advanced technology ensures a seamless and enjoyable experience, from fast loading times to intuitive interfaces. Lastly, the ample promotions and incentives offered by new betting sites make them an enticing choice for punters looking to maximise their betting potential. New betting sites attract punters with generous free bet offers, bonus bets, and the chance to claim free bet tokens as part of their welcome packages. For many new customers, a free bet offer is often a deciding factor when choosing a bookmaker. These free bet offers typically require placing qualifying bets, which must meet certain criteria, to unlock the bonus. What Makes BetFoxx One of the Best New Sports Betting Sites BetFoxx has quickly earned a reputation as one of the best new sports betting sites in the United Kingdom, thanks to its innovative features and user-centric design. Every element of the platform is crafted with the UK bettor in mind, offering an engaging and seamless gambling experience. Fresh Features That Set It Apart from Other New Online Betting Sites BetFoxx sets itself apart from other new sports betting sites with its array of cutting-edge features. It boasts an extensive range of sports markets, live in-play betting, and highly competitive odds that cater to both casual punters and serious bettors. BetFoxx also offers bet builders for creating custom wagers and provides a wide selection of sportsbook markets to enhance your betting experience. A free bet token is available as part of their promotional features, giving users the chance to place bets without risking their own money. The site's interface is intuitive, ensuring quick navigation and a user-friendly experience. Moreover, it includes advanced stats and analytics tools, allowing you to make informed betting decisions. Designed with the UK Bettor in Mind As a new betting site, BetFoxx's platform is thoughtfully designed with the needs of UK bettors in mind, offering customisation options tailored to local preferences. You'll find currency support in GBP and region-specific payment methods like PayPal and PaySafeCard. The thematic focus on popular UK sports, including football, rugby, and cricket, ensures you have access to the nation's most beloved events. Furthermore, the responsible gambling features are robust, providing tools to help you set limits and manage your wagering activities responsibly. Licensing, Security & Fair Play When choosing among the best online betting sites, it's crucial to ensure they operate under stringent regulations and uphold high standards of security and fairness. Choosing a licensed online bookmaker is essential for safety and trust. BetFoxx provides a secure environment for betting online, fully adhering to all regulatory standards. BetFoxx stands out by adhering to the robust regulatory framework set by the UK Gambling Commission, making it one of the most reliable UK bookmakers, alongside trusted brands like William Hill. Is BetFoxx Safe? A Look at UK Regulation and Licences BetFoxx is fully licensed and regulated by the UK Gambling Commission, ensuring it complies with the highest standards in the industry. This regulatory body is renowned for its rigorous guidelines, aimed at protecting players and promoting fair play across all betting websites. The UK Gambling Commission's oversight guarantees that BetFoxx conducts its operations transparently and fairly, providing a safe environment for all users. Secure Betting Websites: What BetFoxx Gets Right Security is a top priority at BetFoxx. The platform employs state-of-the-art encryption technology to safeguard your personal and financial data. This commitment to security places BetFoxx among the best online betting sites. The implemented protocols ensure that all transactions and activities on the site are protected, giving you peace of mind while you engage with one of the most trusted UK bookmakers. Moreover, BetFoxx's dedication to fair play is evident in its transparent gaming practices and continual auditing by independent agencies. Sports, Games & Markets Available at BetFoxx BetFoxx offers an extensive range of options for every betting enthusiast. The platform features a wide variety of sportsbook markets and betting market options, covering everything from pre-event to in-play categories. If you're looking for diverse betting markets and game choices, this platform ensures a comprehensive experience for British punters by covering every major sportsbook market for UK punters. New Sports Betting Site with Broad Market Coverage One of the standout features of BetFoxx is its inclusive sports betting site. The platform caters to an array of sports, offering everything from football and cricket to tennis and horse racing. This broad market coverage allows you to place bets on your favourite sports efficiently and conveniently. From Slots to Live Dealers: The Casino Side of BetFoxx Beyond sports, this new betting site, BetFoxx, shines with its multifaceted casino offerings. Delve into a vast selection of slots games, ranging from classic three-reel slots to modern video slots with immersive graphics. Additionally, the live dealers section brings the pulsating energy of a real casino to your fingertips, providing an authentic and interactive experience without leaving your home. Unique Game Options and Player Favourites BetFoxx continues to innovate by offering unique game options that appeal to a wide audience. Whether you are into traditional table games like blackjack and roulette or seeking the thrill of progressive jackpots, there's something to suit everyone's taste. The platform is designed to keep you engaged, introducing new and trending games that quickly become user favourites. Playing Across All Devices The world of mobile betting has evolved, offering a seamless and flexible experience for users. As a new betting site, BetFoxx stands out with its exceptional mobile compatibility. Whether you're at home or on the move, the platform delivers smooth performance across various devices, ensuring you can enjoy online betting on the go without a hitch. Mobile-Friendly Design for British Bettors on the Go BetFoxx has embraced a user-centred design approach, making it easy for British punters to access their favourite betting options. The site is optimised for both Android and iOS devices, providing a smooth and intuitive interface that adapts well to different screen sizes. You'll find it effortless to place bets, explore games, and manage your account from your smartphone or tablet. Fast Loading, Easy Navigation: A User-Centred Experience Speed and simplicity are at the core of BetFoxx. The platform's fast loading times mean you spend more time enjoying your betting experience and less time waiting for pages to load. Designed with user-centred design principles, the easy-to-navigate layout ensures that even newcomers can quickly find their way around. Whether you're indulging in some quick mobile betting or enjoying in-depth sessions, the site's responsive nature guarantees a hassle-free experience every time. Bonuses & Promotions BetFoxx prides itself on offering some of the best betting promotions in the UK. Whether you're a new player or a seasoned bettor, there's always something to enhance your gaming experience. The max free bet and maximum free bet amounts available as part of these promotions are clearly stated in the terms and conditions, ensuring you know the upper limit you can receive. Please note that free bets exclude virtuals, so virtual sports are not eligible for these free bet promotions. Free bets are valid for a limited period and free bets expire if not used within that timeframe, so be sure to use them before they become invalid. Welcome Bonuses at One of the Best Betting Sites for New Players The welcome bonuses at BetFoxx are designed to give new players a strong start. By placing your initial bet, you can take advantage of a free bet offer where you may get 20 in free or even get 30 in free, depending on the promotion. As you sign up, you can expect generous bonuses that match your initial deposits, boosting your account balance right away. Such incentives not only extend your playtime but also increase your chances of winning. Weekly Offers and Cashback for Loyal Customers Loyalty is highly rewarded at BetFoxx. Regular players can take advantage of weekly offers that keep the excitement going. Moreover, cashback offers are available to help you recover a portion of your losses, turning your bets into even more valuable opportunities. These ongoing promotions demonstrate the casino's commitment to providing a superior betting experience. JOIN BETFOXX AND CLAIM YOUR WELCOME BONUS NOW! Always remember to check the terms and conditions for each promotion on the site (wagering requirements, game eligibility, time limits, etc.), but rest assured that BetFoxx's offers are designed to be player-friendly. The combination of a lucrative welcome bonus, ongoing cashback, and fun promotions makes this platform stand out in the promotions department. Payment Options at BetFoxx When it comes to managing your funds at BetFoxx, you have access to an array of reliable payment options tailored specifically for UK players. The casino prioritises both speed and flexibility, ensuring that you can start playing your favourite games without delay. Fast, Flexible Payment Methods for UK Players BetFoxx supports an extensive variety of payment options, allowing you to choose the method that best suits your needs. Whether you prefer traditional bank transfers, debit cards, or modern e-wallets like PayPal and Skrill, the process is designed for maximum convenience. Here is a detailed overview of available methods: Payment Method Processing Time Deposit Fee Bank Transfer 1-3 Business Days Free Debit Cards (Visa, Mastercard) Instant Free PayPal Instant Free Skrill Instant Free Easy Withdrawals and Transparent Processing Times As new betting site, at BetFoxx, easy withdrawals and transparent processing times are a top priority. The withdrawal process is designed to be hassle-free, with clear timelines provided for each payment method. This ensures that you know exactly when you can access your winnings, enhancing overall user satisfaction. With commitments to transparent processing, there are no hidden fees, and information about all transactions is readily available within your account dashboard. Thanks to the casino's focus on user convenience, you can expect a seamless and efficient financial experience. Whether you're depositing funds to enjoy the wide array of games or withdrawing your winnings, BetFoxx's robust payment infrastructure ensures a secure and straightforward process. Support When You Need It One of the pivotal aspects of any remarkable betting experience—especially when exploring a new betting site—is the availability of robust customer support. BetFoxx understands this necessity and offers comprehensive assistance to its users. 24/7 Customer Support from a Trusted UK Betting Site At BetFoxx, you'll find 24/7 support through various channels, ensuring that help is always at hand. Whether you are a novice bettor or an experienced punter, their dedicated team is ready to assist you at any hour of the day. Live Chat: Connect instantly with a customer support representative for real-time solutions. Email: Send your queries anytime, and expect prompt responses. Phone: Speak directly with a support agent for immediate assistance. Being a trusted UK betting site, BetFoxx places high importance on customer satisfaction. This commitment manifests in their well-trained support team, who are adept at addressing a wide range of betting-related queries. Effective customer support not only builds trust but also enhances the overall betting experience. You can be assured that any issues or queries you have will be resolved efficiently, allowing you more time to enjoy your betting journey at BetFoxx. Support Channel Availability Response Time Live Chat 24/7 Instant Email 24/7 Within 24 hours Phone 24/7 Immediate Playing Responsibly with BetFoxx At BetFoxx, the focus is not just on providing a thrilling gaming experience but also on promoting the importance of gambling responsibly. To ensure you enjoy your time while maintaining control, the site offers a variety of tools and tips for managing your betting safely online. Budgeting Tips for British Punters Creating a budget is fundamental to safer gambling. Begin by setting a specific amount of money you are comfortable spending and stick to it. Do not exceed this limit, regardless of wins or losses. By having a clear idea of your budget, you can enjoy gambling responsibly without financial strain. Tools for Safer Gambling and Self-Control As a responsible new betting site, BetFoxx is dedicated to helping you stay in control with several built-in tools. Set deposit limits to prevent overspending, use reality checks to monitor your time spent playing, and take advantage of cool-off periods or self-exclusion options if you ever need a break. These features are designed with your well-being in mind, making betting safely online a priority. Legal Notice & Transparency Statement At BetFoxx, we take our responsibility to provide a fair and secure gambling environment very seriously. Our commitment to maintaining strict legal notices and upholding the highest standards of transparency in betting is unwavering. As a new betting site operating under a licence issued by the UK Gambling Commission, BetFoxx adheres to some of the most rigorous standards in the industry. This ensures that our gaming practices are not only fair but also transparent and accountable. We strictly follow all legal notices required by the UKGC, and our operations are regularly reviewed to ensure full compliance. This includes verifying player identities, promoting responsible gambling, and maintaining robust security measures to protect your personal and financial information. For additional clarity, we have provided an overview of key policies and standards below: Aspect Details Licensing Licensed by the UK Gambling Commission Transparency Clear display of terms and betting conditions Compliance Regular audits to ensure adherence to UKGC guidelines Responsible Gambling Tools and resources for players to manage their betting behaviours Security Advanced encryption technology to safeguard data By reinforcing these practices, BetFoxx reaffirms its dedication to creating a trustworthy and enjoyable gambling experience. We appreciate your trust and strive to continue offering transparent, compliant, and secure services. Final Thoughts: Is BetFoxx One of the Top New Betting Sites in the UK? BetFoxx stands out among the newest UK betting sites, offering a seamless experience for both new and seasoned punters. With a user-friendly interface, quick sign-up, and secure identity verification, getting started is effortless. The platform features a wide range of sports betting and casino options, making it one of the most versatile new betting sites in the UK. Licensed by the UK Gambling Commission, it guarantees a safe, fair, and encrypted environment. Mobile compatibility is a highlight—BetFoxx works smoothly across devices, letting you bet on the go. Generous welcome bonuses, regular promotions, flexible payment methods, and 24/7 customer support round out its appeal, confirming its place as a top contender in the market. Feature BetFoxx Coin Casino WSM Casino Welcome Bonus £100 + 50 Free Spins £50 £75 + 25 Free Bets Payment Options Visa, MasterCard, PayPal Visa, Skrill MasterCard, Neteller Customer Support 24/7 Live Chat, Email 9am-5pm Email Support 24/7 Live Chat In conclusion, it's easy to see why BetFoxx is gaining popularity amongst UK bettors. With the right mix of features, security, and customer-centric services, it adequately meets the needs of modern bettors, placing it firmly among the newest UK betting sites worth watching. BetFoxx is recognized as one of the best new betting sites and is quickly becoming a best betting site for UK punters due to its innovative features, attractive promotions, and reliable service. Frequently Asked Questions about the Best New UK Betting Sites How do I start betting at BetFoxx? To begin betting at BetFoxx, you need to first visit their official website and create an account, which only takes a few minutes. Once your account is set up, you'll need to verify your identity, a standard procedure at all licensed betting sites. After successful verification, deposit funds using the various secure payment methods available, and you're ready to explore an array of betting options. What makes BetFoxx different from other new online bookies? BetFoxx stands out among new betting sites thanks to its innovative features tailored specifically for the UK market. It offers extensive sports market coverage and a plethora of casino games, including slots and live dealer options. The site's mobile-friendly design ensures you can enjoy a seamless betting experience on the go, making it a favourite among British punters. Are there bonuses for new British punters? Indeed, BetFoxx offers a range of lucrative bonuses for new British punters. Upon signing up, you can take advantage of welcome bonuses designed to give your betting a substantial boost. Additionally, there are regular promotions, including weekly offers and cashback incentives, rewarding you for your loyalty and enhancing your overall betting experience. Is BetFoxx safe and licensed in the UK? Yes, BetFoxx is fully licensed by the UK Gambling Commission and follows stringent security protocols to ensure safe and fair play for its Contact Project name: BetFoxx Company Website: Email: support@ Contact person name: Guido Contact person email: guido@ Addreess: Floor 4 Viettel Building, No.9, Vo Thi Sau Street, Nha Trang City , Khanh Hoa, Vietnam Attachment Betfoxx CONTACT: Media Contact Project name: BetFoxx Company Website: Email: support@ Contact person name: Guido Contact person email: guido@ Address:Floor 4 Viettel Building, No.9, Vo Thi Sau Street, Nha Trang City , Khanh Hoa, VietnamSign in to access your portfolio
Yahoo
3 hours ago
- Yahoo
China says it may speed up rare earths application approvals from EU
By Brenda Goh SHANGHAI (Reuters) -China is willing to accelerate the examination and approval of rare earth exports to European Union firms and will also deliver a verdict on its trade investigation of EU brandy imports by July 5, its commerce ministry said on Saturday. Price commitment consultations between China and the EU on Chinese-made electric vehicles exported to the EU have also entered a final stage but efforts from both sides are still needed, according to a statement on the Chinese commerce ministry's website. The issues were discussed between Chinese Commerce Minister Wang Wentao and EU Trade Commissioner Maros Sefcovic in Paris on Tuesday, according to the statement. The comments mark progress on matters that have vexed China's relationship with the European Union over the past year. Most recently, China's decision in April to suspend exports of a wide range of rare earths and related magnets has upended the supply chains central to automakers, aerospace manufacturers, semiconductor companies and military contractors around the world. The ministry said China attached great importance to the EU's concerns and "was willing to establish a green channel for qualified applications to speed up the approval process." Commerce Minister Wang during the meeting "expressed the hope that the EU will meet us halfway and take effective measures to facilitate, safeguard and promote compliant trade in high-tech products to China," according to the statement. Chinese anti-dumping measures that applied duties of up to 39% on imports of European brandy - with French cognac bearing the brunt - have also strained relations between Paris and Beijing. The brandy duties were enforced days after the European Union took action against Chinese-made electric vehicle imports to shield its local industry, prompting France's President Emmanuel Macron to accuse Beijing of "pure retaliation". The Chinese duties have dented sales of brands including LVMH's Hennessy, Pernod Ricard's Martell and Remy Cointreau. Beijing was initially meant to make a final decision on the brandy duties by January, but extended the deadline to April and then again to July 5. China's commerce ministry said on Saturday that French companies and relevant associations had proactively submitted applications on price commitments for brandy to China and that Chinese investigators had reached an agreement with them on the core terms. Chinese authorities were now reviewing the complete text on those commitments and would issue a final announcement before July 5, it said. In April, the European Commission said the EU and China had also agreed to look into setting minimum prices of Chinese-made electric vehicles instead of tariffs imposed by the EU last year. China's commerce ministry said the EU had also proposed exploring "new technical paths" relating to EVs, which the Chinese side was now evaluating.

Yahoo
3 hours ago
- Yahoo
British holidaymakers to miss out on compensation after EU rule change
Britons will miss out on compensation for delayed flights after Brussels adopted a rule change following complaints from airlines. Payouts that were previously triggered by delays exceeding three hours will now only be made after four hours of holdups, European transport ministers agreed. The new regulation, hammered out following a decade of discussions and bargaining over passenger compensation, will apply to all services from EU countries to the UK. For the time being, travellers headed from Britain to the Continent will still qualify for a refund when flight delays hit the three-hour mark, unless they are flying with an EU-registered airline. While raising the compensation threshold, ministers also agreed to increase the minimum level of payment from €250 (£210) to €300 for shorter journeys and to €500 for those above 3,500km (2,175 miles). The original regulation, known as EU261, was passed in 2004 with the aim of ensuring that passengers received money and assistance in the event of flights being cancelled at short notice. Following Brexit, the UK adopted it into law so that the rights of travellers remained unchanged. However, the Government will now have to decide whether to adopt the amendments for outbound flights or stick with the original version. Taking no action might be welcomed by consumer groups but would have consequences for UK airlines, which would be at a disadvantage to their European rivals. It could also affect fares, with Ryanair having claimed that EU261 costs passengers £7 per ticket. Airlines for Europe, an industry group, had pressed for a higher compensation threshold, arguing that extending it to five hours – as originally proposed by the European Commission – would allow 70pc of flights that are cancelled to be rescued. It argued said that airlines inevitably scrapped flights once compensation was triggered, especially since the payouts involved were often higher than the ticket prices charged. It said a five-hour threshold would have made it more practical for carriers to fly in replacement aircraft so that more flights would get away, potentially benefiting 10m passengers a year. A spokesman said: 'Getting to their destination is the primary concern of passengers, even if it means getting to bed or arriving at their holiday resort late. But with a low cancellation threshold it makes more sense to call off the flight and take that hit.' Airlines have also railed against the fact that the compensation applies whether delays are caused by a crew shortage or technical issue that might be laid at their door, or by severe weather or air traffic control issues beyond their control. A number of extraordinary circumstances are expected to be added as part of revisions to 31 different air passenger rights. The revisions must still clear the European Parliament but are expected to become law in the bloc by the end of the year. The Department for Transport said the UK did not have to amend its legislation in line with any changes from the EU, and that any potential future reforms would require careful consideration on their merits, and be subject to public consultation. Broaden your horizons with award-winning British journalism. Try The Telegraph free for 1 month with unlimited access to our award-winning website, exclusive app, money-saving offers and more.