Home Business & Finance Britons to face highest price cap in three years as...
Business & Finance

Britons to face highest price cap in three years as energy bills rise 4% from October

Key Points

Households in Great Britain will pay equivalent of £1,723 a year, prompting calls for more supportMillions of households in Great Britain will face the highest energy charges in three years this winter after months of soaring market prices caused the government’s price cap to rise for a second time in three months. Gas and electricity prices will rise by 4% from October under the new energy price cap, months after climbing 13% at the start of July to take account of soaring global energy...

Households in Great Britain will pay equivalent of £1,723 a year, prompting calls for more support

Millions of households in Great Britain will face the highest energy charges in three years this winter after months of soaring market prices caused the government’s price cap to rise for a second time in three months.

Gas and electricity prices will rise by 4% from October under the new energy price cap, months after climbing 13% at the start of July to take account of soaring global energy market prices caused by the war on Iran.

Continue reading...
Britons (ORG) Great Britain (LOCATION) Iran (LOCATION)
Originally published by The Guardian World Read original →