The UK needs "longer term solutions" on energy prices because they are still "record high almost", Sir Keir Starmer has said.

The Labour leader was commenting on a fall in the energy price cap.

From 1 July it will be £1,568 a year - a drop of £122 from the previous quarter. 

But Sir Keir said many people were still struggling to make ends meet.

"Everywhere I go, so many people tell me the cost of living is still bearing down on them," he told Sky News.

"People on a mortgage, [those] coming off a fixed mortgage, know their mortgages are going up by hundreds of pounds.

"Everybody knows prices are still going up - energy prices are still record high almost."

He added: "We need longer term solutions."

Labour's proposed Great British Energy (GBE) would help energy prices "come down for good", Sir Keir claimed.

Asked when energy prices would drop under GBE, and how quickly it could be established, he said: "Certainly by the end of the parliament, and a lot sooner than that.

"We can set up Great British Energy pretty quickly."

Discussions are already under way with potential partners, he added.

Claire Coutinho, the energy secretary, told Sky News that Great British Energy is a "complete gimmick" and a "drop in the ocean".

She also accused Labour of having "no plan" on energy security.

Putting off "life admin" could be costing you thousands of pounds a year, research has suggested.

It is estimated that adults in the UK could save £300 a year by cancelling unused subscriptions, £420 by reviewing their day-to-day finances, and £372 by re-evaluating a gym membership. 

"On average, Brits admit to putting off simple tasks by four to six months," Lloyds Bank said.

When asked why they had been delaying, almost a fifth (18%) said there was no deadline, one in seven (16%) said it was easier to take no action, while for 13% the memory of previous difficulties was off-putting.

Turning to the future, a fifth (20%) admitted not having a pension, while only two fifths (42%) knew how to add more money to their pension if they had one. 

If you are looking for a detailed analysis of today's cut in the energy price cap (see our breaking news post from 7am) then the following from Martin Lewis is worth digesting.

The founder of Money Saving Expert has split his reaction into three sections.

The good

Lewis says the cap will drop on 1 July by an average of 7.2% for Direct Debit customers, 6.9% for prepay customers, and 7.1% for those who pay when they get a bill.

The cap will fall to £1,568 a year - a drop of £122 from the previous quarter. 

The bad

Standing charges (what you pay regardless of how much energy you use) "remain high" and are "virtually unchanged", Lewis says.

"All the cut" is via unit rates, he adds.

That means those who use more energy will be seeing bigger savings.

The electricity unit rate for Direct Debit customers from July will be 22.36p/kwH - down 9% from 24.5p, Lewis says.

The electricity standing charge will be 60.12p a day - up from 60.1p.

The gas unit rate will be 5.48p/kwH - down 9% from 6.04p.

And the gas standing charge will be 31.41p - slightly down from 31.43p.

Lewis says the results of a consultation on standing charges are likely to be published sometime in the "summer", adding: "Whenever that is."

The ugly

As we reported in our post at 7.34am, respected market researcher Cornwall Insight is predicting that bills are likely to rise once more in the run-up to winter. 

Lewis comments: "If they're right this is the last fall, and the coming rises are big.

"On 1 July it's confirmed [the cap] drops 7%, so for every £100 paid today you pay £93. 

"Then on 1 Oct it's predicted to rise 12%, so you'll go back up and be paying £104. 

"Then on 1 Jan the crystal ball is saying it'll stay flat (at £104). 

"All this makes the cheapest fixes, which are currently 9% cheaper than now (so £91 per £100 on the price cap), look a decent bet."

Thousands of darts fans packed out the O2 last night as Luke Littler was crowned champion in the Premier League Darts final.

While his victory was met with big celebrations, the price of a pint left many upset.

Tom Park shared a photo of the menu on X which showed a pint of Camden Hells Lager cost £9.50. 

A Budweiser came in at £8.95 - and it was the same for a Stella Artois. 

Other social media uses responded to his post in shock.

Here are some of the replies we saw: 

• "That's absolutely disgraceful."
• "Bloody hell! That's a joke." 
• "We get so ripped off in this country."
• "£9.50 for a pint of Camden Hells in f****** robbery." 

Two pint offers didn't seem to be any better, with the menu showing the deal just worked out the same as buying two normal pints.

The Money team has contacted the O2 for comment. 

We've spoken a lot about shoplifting, with offences rising to their highest level in 20 years across England and Wales earlier this year. 

But here are two culprits we didn't expect to see... 

A pair of Labradors stealing a loaf of bread from a petrol station in Herefordshire. 

They were captured on CCTV walking down an aisle and picking goods off the shelves before wandering out. 

After the dogs were caught in the act, workers put out an appeal online and reunited them with their owner. 

Don't worry, the petrol station hasn't pursued charges. 

It can be hard to balance the demands of eating well without spending a lot.

In this series, we try to find the healthiest options in the supermarket for the best value - and have enlisted the help of Sunna Van Kampen, founder of Tonic Health, who went viral on social media for reviewing food in the search of healthier choices.

In this series we don't try to find the outright healthiest option, but help you get better nutritional value for as little money as possible.

Today we're looking at biscuits. 

"When some brands are up to two teaspoons of sugar per biscuit (and we all know you aren't having just one), then we need to look or substitutes or find ways to biscuit smarter for your health," Sunna says. 

The typical biscuit breakdown on average for market leading brands by type:

Freshly baked cookies: 40% sugar or 27g per 66g cookie 

"That's over six teaspoons of sugar - they're also generally the biggest biscuit on the shelf by some distance, so potentially a good choice to avoid," Sunna says. 

Chocolate chip cookies: 34% sugar or 8.6g per 25g cookie 

"That's the equivalent of over two teaspoons of sugar - delicious but there are better options."

Chocolate digestives: 28% sugar or 4.8g per 16.7g biscuit 

"That's a teaspoon per biscuit and I'm definitely not just eating one."

Shortbread: 17% sugar or 2.6g per shortbread 

"Almost half the sugar of a chocolate digestive."

Digestive biscuits: 15% sugar or 2.2g per 15g biscuit 

"These are starting to look a lot healthier as we are only talking half a teaspoon per biscuit."

Rich tea biscuits: 18% sugar or 1.5g per 8.3g biscuit. 

"This one's a bit healthier due to the size, but the best choice is Rich Tea's own 30% less sugar variety.

"That sits at 12% sugar (or just 1.1g per biscuit) - only a quarter of a teaspoon of sugar per biscuit."

The verdict 

The Rich Tea Light biscuit is hard to beat in Sunna's mind. 

"Its low sugar content make it a winner for health-conscious tea drinkers," he says.

"If you eat just four biscuits a week, swapping from chocolate chip cookies to Rich Tea Light could save you over 1.5kg of sugar per year from your diet.

"Small changes make a big impact," Sunna says. 

Digestive biscuits are also a solid choice, especially if you prefer a bit more substance with your tea. 

"For those moments when only chocolate will do, chocolate digestives are the best option, although they have a higher sugar content," he adds. 

Naturally, he urges biscuit-lovers to stay away from fresh-baked cookies and chocolate chip due to the high sugar levels. 

The money

If you're looking to save money, own-brand biscuits from major supermarkets often offer comparable taste at 30-50% discount on average. 

"For example, Tesco's Rich Tea biscuits are just £0.65 per pack or £0.22 per 100g compared with McVities Rich Tea at £0.47 per 100g.

Here's a handy comparison; 

• Supermarket Baked Cookies - £0.68 per 100g
• Fox’s Milk Chocolate Chip Cookies - £1.14 per 100g
• McVities Chocolate Digestives - £0.50 per 100g
• Patterson’s Shortbread - £0.45 per 100g
• McVities Digestives - £0.42 per 100g
• McVities Rich Tea - £0.47 per 100g
• McVities Rich Tea Light - £0.60 per 100g

The nutritionist's view - by Dr Emily Prpa, nutritionist and science manager at Yakult. 

"It's no secret that Brits love biscuits, with a staggering 27 million UK households buying them every year. 

"A little of what you love is not a bad thing, but really it's all about moderation and making some positive swaps.

"For example, consider opting for biscuits that are made with wholemeal flour or whole grains such as oats. 

"Those which contain dried fruits and nuts can provide more fibre than other biscuits to help you meet the NHS-recommended 30g of fibre per day for adults. 

"The majority of your fibre needs to be obtained through other wholegrain sources of pasta and bread, as well as vegetables, fruits, legumes, nuts and seeds.

"Fibre aids digestion, helps to regulate bowel movements and is a food source for one's gut bacteria, contributing to a healthy and diverse gut microbiome."

Read more from this series... 

By Sarah Taaffe-Maguire, business reporter

It was already going to be a big week of economic announcements before Rishi Sunak called a general election: April inflation came down - though less than expected - as did retail sales and, from July, so too will the energy price cap. 

At the same time, we learned government borrowing in April was the fourth-highest on record and consumer confidence was that bit better than a month earlier. 

Sterling has come down from the highs reached after inflation data came out - £1 buys £1.27, pretty much back where we started the week. Against the euro, sterling held gains, with a pound equal to €1.1731, up from a €1.1671 low on the Monday open.

The oil price ticked down throughout the week and is now at $81.04 a barrel - down from $84 on Monday, which was already lower than all of April and most of March. It's good news for motorists and should impact prices at the pumps in about 10 days. 

On the stock market front, the FTSE 100 index of the most valuable companies on the London Stock Exchange is down 1.5747% since the week.

There is almost zero chance of a cut in interest rates next month, a senior economist has said.

Michael Saunders, an adviser at Oxford Economics and a former member of the Bank of England's Monetary Policy Committee (MPC), said Wednesday's higher than expected inflation figures made it very unlikely.

The rate of price rises dropped to 2.3% in April - but economists had been predicting 2.1%.

The general election, called for 4 July, also makes an interest rate cut unlikely, Mr Saunders said.

"They themselves [the MPC] wouldn't want to be a cause of volatility," he told Bloomberg.

"The MPC would be especially reluctant to do a surprise rate change during an election campaign. 

"But, in practice, a June rate cut is already ruled out by inflation figures."

The first rate cut is likely to come in August, Mr Saunders said.

He added: "I do think over the course of the year, markets may now be slightly under-pricing the extent to which interest rates come down.

"I would still say [there will be] three rate cuts - the first one not until August, and then a couple more later in the year."

Nationwide and TSB have both launched current account switch deals as banks fight to draw in new customers. 

Nationwide announced the deal after recording a £1.77bn profit for the year ending 4 April. 

For existing members who don't have a current account, the building society is offering a £200 switch sweetener. 

To qualify, you need to use the Current Account Switch Service and complete a full transfer. 

There needs to be a minimum of two direct debits from the account and the switch must be complete within 28 days of the request to move in order to qualify for the deal. 

To celebrate its record-breaking profits, Nationwide is also rewarding its customers (who were members as of 31 March) with £100, which will be transferred into their accounts in June.

Meanwhile, TSB is offering £100 to new customers switching to its Spend and Save or Spend and Save Plus current account. 

The accounts can be open in branch, online or via the app.

To grab the deal, the switch needs to be complete through the CASS within 21 days of the request, a minimum of five payments need to be made using your card, and you have to log into the app at least once by 5 July. 

You can also nab £60 cashback if you make 20 debit card payments each calendar month. 

Spend & Save account customers will get £10 per month in cashback for the first six months for new customers, totalling £60.

For those opening the £3 per month Spend & Save Plus account, they will get £10 cashback per month for the first six months before reverting to £5 per month.

Every Friday we get an overview of the mortgage market with the help of industry experts - before honing in on the best deals available right now with the guys at Moneyfacts.

Two major announcements this week are set to have a big impact on mortgages and the housing market in the coming months.

First, inflation came in at 2.3% for April - within touching distance of the Bank of England's 2% target but higher than the Bank and most analysts had anticipated.

The markets instantly scaled back their expectations for a June rate cut - from around 50% to around 15%.

What does this mean for borrowers?

It's probably too early to say - with TSB and Santander announcing cuts on Thursday, but Barclays going the other way.

David Hollingworth, associate director at L&C Mortgages, said: "Mortgage rates have eased back a touch in recent weeks, but [the inflation] figures may well hold back the chance for that to become a stronger trend.  A big fall in inflation was already expected and therefore already priced into fixed rates.

"Holding off in the hope of rates dropping could make for a bumpy ride for homeowners. Those eyeing the end of their current fixed deal may want to secure a rate now. That still leaves the chance to keep rates under close review and switch to a better deal if rates do improve before the end of the current product."

James Hyde, spokesman for Moneyfactscompare.co.uk, added: "Week on week, the overall average two- and five-year fixed rates remained very steady, currently sitting at 5.93% and 5.50% respectively."

The second big announcement was the general election - which we now know will be on 4 July.

Richard Donnell, executive director at Zoopla, said buyers who are close to agreeing a sale will "ideally want to push through and agree to sales now".

However, those who are "earlier in the process" may try to "delay decisions until the autumn after the election is over", Mr Donnell said.

This election may not have as much impact as previous ones, though.

That is because there is "not a huge divide in policy between the two main parties", Mr Donnell said.

Best rates on offer right now

This week we've asked the independent experts at Moneyfacts to look at the best rates on the market for homeowners who are on the move....

Moneyfacts advises borrowers to always look beyond the best rates as additional costs and conditions mean you could end up paying more.

"Factors such as a low product fee, free valuation or legal fees, and cashback options can mean that certain deals are more cost-effective than those that may have a more eye-catching headline rate," said Mr Hyde.

Here's a look at the deals judged "best buys" by Moneyfacts this week...