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Energy bills will be capped at £2,500 a year for a typical household from 1 October 2022 for the next two winters, Prime Minister Liz Truss has announced. A £400 energy rebate will also continue to be paid as planned from October. Here's MoneySavingExpert.com founder Martin Lewis' round-up.

Ovo Energy has announced a new support package for its customers, which will kick in this winter. Crucially, it plans to introduce a payment holiday for prepayment customers in debt from 1 October. Other measures include increasing the amount of emergency credit prepay users can get, offering free energy saving products and boiler services, plus additional funding for its grants scheme. 

Thousands of Shell Energy prepayment meter customers on standard variable tariffs will receive a refund of just under a tenner on average after being overcharged for the past three years. In total, 11,275 customers will receive a share of £136,970. 

The price cap on how much energy suppliers can charge households will now change every three months from October, instead of every six months, regulator Ofgem has confirmed. Due to the current high wholesale energy costs, it means we're likely to see price rises TWICE this winter. 

Watch MoneySavingExpert.com founder Martin Lewis interview the Chancellor of the Exchequer below. In the video, Martin puts his own, MSE users' and Martin's social media followers' questions to Rishi Sunak following today's announcement of a new cost of living support package.

Action Fraud, which collects reports of fraud on behalf of the police, has issued a warning for people to beware of fake text messages claiming to be from Ofgem, the energy regulator, which offers bogus £400 rebates. But this is a scam and you should not reply to it.

At least 30% of British Gas, Octopus Energy and Shell Energy customers who were in credit and on price-capped tariffs told the UK's biggest consumer website, MoneySavingExpert.com (MSE), that they've seen their direct debits double – even though the price cap rise is half that, at 54%. Across all firms, 25% of customers in this situation reported direct debits doubling or more.

British Gas has admitted that millions of smart meter customers have been unable to use the energy giant's app or website to check their gas and electricity usage since February due to a "glitch". The failure has meant people have been unable to track how much they are spending at a time when energy bills have spiked.

A quarter of people have stopped paying into long-term investments, such as stocks and shares ISAs or pensions, as a result of the recent spike in the cost of living, a poll has found. Here are all the details.

People should brace for the prospect that their £150 council tax rebate might not come in April, with reports of one council informing thousands of residents that a "software issue" is holding the payments up. But make sure you set up a direct debit in the meantime to prevent further delays.