Energy bills will rise by £200 in July to nearly £1,900 a year, forecast says
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Cornwall Insight predicts rise in price cap of nearly 13% in Great Britain as Iran war pushes up gas costs Business live – latest updates Households in Great Britain could see their energy bills increase by over £200 a year to almost £1,900 from this summer in “a kick in the teeth” for millions struggling with the cost of living crisis.
A typical gas and electricity bill is now forecast to reach £1,850 a year from July under the industry regulator Ofgem’s quarterly price cap, according to analysis by the energy consultancy Cornwall Insight. Continue reading...
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