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Energy price cap could cut prepay bills by 15%

The price cap could help prepay customers save up to 15% on bills. Credit: Andrew Milligan/PA Wire/PA Images

A price cap for energy prepayment customers is to come in to force in April that is likely to save customers up to 15% on their bills.

Regulator Ofgem is bringing in the temporary cap in response to the Competition and Market Authority's (CMA) two-year investigation into the energy market.

It will apply to over 4 million households who use prepay meters for their gas and electricity use and are least able to benefit from competition.

The price cap will vary for electricity and gas, meter type and region but will save a typical customer around £80 a year, Ofgem said.

Read more on this story on ITV News's national site.

Continued concerns over future of Bridgend Ford plant

Credit: PA

The general secretary of the union Unite, Len McCluskey, will meet with workers of Ford's car factory in Bridgend today amid concerns over the future of their jobs.

McClusky will also meet with management and will stress the need for assurances of the company's commitment to Wales.

The company has previously said it doesn't plan any job losses and that it still had a "substantial commitment" to the plant.

I have been talking to Ford's European chief executive about the future of the Bridgend plant. Unite will work with Ford and all industrial employers to secure the future of jobs and skills in Wales against the many challenges they face, not least from the government's apparent determination to take Britain out of the single market.

– Len McCluskey, Unite general secretary
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