Monthly Debt News looks at debts and the causes of debts in Britain from diverse sources to simplify the debt sector for a broad audience.    ——————— This month’s Debt News includes a  5 % energy price cap increase, Ofgem reviews energy standing charge, EDF issues debt warning, billions of welfare cuts planned and charities condemn the cuts, a rise in council tax in struggling boroughs, a pensioner had sleepless nights for recieving demands to pay £12,  gender gap and debt crisis.  And finally, bitesize stats to get an overview of the causes of debts in Britain.    ——————— Debt News  ——————— Ofgem announces 5% energy price cap increase Energy regulator Ofgem has announced that the energy price cap will increase by 5% on the previous quarter from 1st January to 31st March 2024. The cost for an average household paying by direct debit for dual fuel equates to £1,928, a rise of £94 for a year – around £7.83 a month. The price cap, updated every ...