Another week, another round of crushingly bleak news.
This morning, Ofgem confirmed the energy price cap would rise to an average of £3,549 per year from Saturday 1 October, which is set to plunge an estimated 9.2 million households into fuel poverty. Naturally, the tweet was accompanied by an emoji, which is precisely how you want to receive the news that you should probably just break your thermostat to prevent temptation this winter. Goldman Sachs forecasts UK recession to last until 2024 Come January, we'll be longing for the days of £3,549 if Cornwall Insight's predictions are accurate (and they were pretty much spot on for Octob...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
