Britain announced Friday a vast 80% hike in electricity and gas bills, in a dramatic worsening of the cost-of-living crisis before winter as the UK awaits a new leader. | Fin24
Regulator Ofgem said its energy price cap, which sets prices for consumers who are not on a fixed deal with their supplier, will in October increase to £3 549 per year from the current £1 971, blaming soaring wholesale costs after Russia's invasion of Ukraine.In times of uncertainty you need journalism you can trust.
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