Angela Knight

Energy companies case for blaming green levies weakens further

Official figures cast doubt on claims by the UK’s biggest energy firms that rising wholesale costs are to blame for their inflation-busting price hikes. However, data from Ofgem, the energy regulator, suggests that wholesale prices rose by only 1.7 per cent over the last year. Four of the “Big Six” energy companies have raised already raised their bills by up to 10.4 per cent, with the remaining two expected to follow