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Ed Davey calls for halt to energy price cap increase to avoid ‘catastrophe’

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Liz Truss or Rishi Sunak should cancel the £1,400 energy price cap increase in October in a new “energy furlough scheme” and government should absorb the £36bn cost of the hike, the leader of the Liberal Democrats has...

BP profits double to $6.2bn, fuelling calls for energy windfall tax

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BP’s profits more than doubled to $6.2bn (£5bn) in the first three months of the year, adding to pressure on ministers to impose a windfall tax to aid households struggling with soaring energy and fuel bills. The ene...