Last mentioned: Mar 15, 2026
Price Cap Implementation
The new Ofgem regulatory price cap officially takes effect for all variable tariffs.
National Meter Reading Day
Consumers urged to submit readings to lock in prices before the cap change.
Switching Deadline
Recommended final date to apply for new fixed-rate deals to ensure processing before April 1.
Lewis Advisory Issued
Martin Lewis issues national warning for households to review energy tariffs.
Consumer advocate Martin Lewis has issued a critical directive for UK households to review energy contracts before the April 1 price cap adjustment. The warning comes as shifting wholesale costs and regulatory updates threaten to increase household utility expenditures.
Major UK energy suppliers have begun withdrawing fixed-rate tariffs from the retail market as escalating geopolitical tensions in the Middle East trigger a surge in wholesale price volatility. The move leaves millions of households facing a return to variable rates and heightened exposure to global energy shocks.
Centrica CEO Chris O'Shea has been awarded a £3.6 million compensation package for the 2025 fiscal year, a significant reduction from the previous year's record payout. The award comes as the British Gas parent company reports a sharp decline in annual profits, reigniting intense scrutiny over executive remuneration within the UK's essential services sector.