Ofgem

UKH calls for CMA investigation into business energy market

UKHospitality has called for the Competition and Markets Authority (CMA) to conduct an investigation into the non-domestic energy market.  In…

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UKH welcomes new Ofgem proposals

UKHospitality has welcomed Ofgem recent proposals to expand protections for businesses in the energy market.  The energy regulator has launched…

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UKH urges the industry to back ‘Five Asks for Ofgem’

UKHospitality is leading a rallying call for the industry to support its ‘Five Asks for Ofgem’ to rapidly implement the…

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Hospitality turnover down 14% on pre-pandemic levels

Turnover for hospitality businesses was down 14.7% in the last year compared with pre-pandemic levels when accounting for inflation. This…

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UKH calls for Ofgem intervention to help struggling businesses

With rising energy costs and a lack of support mounting across the board for hospitality businesses, UKHospitality is urging energy…

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Hospitality sector faces £7.3bn increase in energy bills

Recent analysis conducted by UKHospitality shows that energy costs for the hospitality sector are set to be £12bn higher than…

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Energy price cap to rise by 80% to £3,549 from October

Ofgem has confirmed that the energy price cap will increase by 80% to a record £3,549 a year for dual…

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UKH calls for urgent investigation into energy suppliers’ pricing

UKH chief executive Kate Nicholls has written to the Business Secretary Grant Shapps urging him to instigate an investigation by…

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BoE raises interest rates to 1.25%

The Bank of England’s (BoE) Monetary Policy Committee has voted to raise interest from 1% to 1.25% – marking its…

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Energy price cap to rise 54% from April

Hospitality bosses are braced for a spending squeeze after it was revealed the energy price cap is set to increase…

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