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Millions have been overpaying for energy, regulator says

Energy bills have been 5% higher than they should have been Credit: PA

Customers have been paying about 5% a year -or £60 - too much for gas and electricity, the Competition and Markets Authority has confirmed.

"Lack of awareness of what deals are available, confusing and inaccurate bills and the real and perceived difficulties of changing suppliers all deter switching - and the higher price levels reflect that suppliers can charge higher prices to these disengaged customers," the CMA said in its report.

Its year-long inquiry into the big six energy suppliers focused on prices between 2009 and 2013.

It outlined plans to encourage customers to switch, but stopped short of recommending a break-up of the energy giants, saying competition in wholesale markets was working well.

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Hague warns Greek crisis may be 'minor rehearsal'

William Hague has warned of an economic north-south divide in Europe. Credit: Daniel Leal-Olivas/PA Archive

Former British foreign secretary William Hague has warned that the Greek debt crisis may only be a "minor rehearsal" for future difficulties across Europe.

Writing in the Daily Telegraph, Hague - who stepped down as an MP and cabinet member at the General Election - warned of a "clear risk" of a north-south divide in Europe that could play out in the coming years.

The former Conservative leader showed sympathy with the Greek people, saying it was not the fault of politicians they had been allowed to join the euro "when they were not remotely suited to it".

And he warned that the same tensions seen in Greece would "ultimately surface in other nations" such as Italy and Spain, which may, in his words, not achieve enough reform "for their people to prosper when required to compete equally with their northern neighbours".

Heavy rain and sunny spells create mixed picture

There will be early heavy rain in the southeast this morning, but this will quickly clear eastwards.

There will also be persistent rain across northern Scotland, which will be locally heavy. This will slowly edge northwards, but not clear the far north.

Elsewhere, after a rather cloudy start, there will be sunny spells and scattered showers, these could be heavy with possible thunder at times.

The showers will also be heavy, thundery and slow moving across eastern Scotland, where there is a Met Office yellow rainfall warning in force. Highs today of 24 Celsius (75 F).

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Euro summit to discuss Greece referendum result

European leaders will meet at a special summit today to discuss the situation in Greece following a 'No' vote in the country's bailout referendum.

Greece may face an exit from the euro if a deal cannot be agreed. Credit: Reuters

Greek Prime Minister Alexis Tsipras and newly-appointed finance minister Euclid Tsakalatos are expected to travel to Brussels for the talks, amid speculation that a new proposal for an aid deal will be offered.

In the evening, Tsipras - who was given the backing of his country's opposition leaders to continue talks after Sunday's vote - will address fellow leaders.

The meetings follow a warning from German Chancellor Angela Merkel and French President Francois Hollande.

Merkel indicated that previously rejected terms had been "very generous" while Hollande said: "It is up to the Greek government now to make the serious, credible proposals necessary for that to be able to happen."

It is expected that a sticking point to the discussions will be any demand by Greece for more debt to be written off.

Cameron: Terror threat still 'as real as it is deadly'

The wreckage of a bomb attack on the number 30 bus in Tavistock Square on 7 July 2005. Credit: Peter Macdiarmid/PA Wire

David Cameron has warned that the threat from terrorism remains "as real as it is deadly", as the UK marks ten years since bomb attacks killed 52 people in London.

In a statement, the Prime Minister - who will attend services across the capital later - called the attacks "one of the deadliest terrorist atrocities on mainland Britain".

He added that the recent murder of 30 "innocent Britons" in Tunisia was a "brutal reminder" of the threat still faced, adding: "But we will never be cowed by terrorism."

We will keep on doing all that we can to keep the British public safe, protecting vulnerable young minds from others’ extremist beliefs and promoting the shared values of tolerance, love and respect that make Britain so great.

– David Cameron
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