Latest news
EU, UK extend trade rules to avoid tariffs on electric vehicles
The European Union and Britain on Thursday agreed to give electric vehicle (EV) makers until the end of 2026 to comply with local content rules, delaying the imposition of tariffs on EVs traded with the UK.
read more... 22/12/2023
Price cap predicted to drop by 14% in April 2024
Forecasts for the April 2024 default tariff cap suggest a 14% decrease, projecting an annual cost of £1,660 for a typical dual fuel consumer
read more... 22/12/2023
UK to implement carbon tariff by 2027, mirroring EU scheme
Britain said on Monday (18 December) it would implement a new import carbon pricing mechanism by 2027, with goods imported from countries with a lower or no carbon price having to pay a levy as part of decarbonisation efforts.
read more... 19/12/2023
European Commission To Delay EV Tariffs By Years
The European Commission will recommend a three-year delay for EV tariffs traded with the UK, Bloomberg sources suggested on Tuesday.
read more... 06/12/2023
Energy price cap to increase by 5% in January
Energy consultancy Cornwall Insight has unveiled its final forecast for the January to March 2024 Default Tariff Cap, projecting a 5% rise to £1,931 for a typical dual fuel household.
read more... 17/11/2023