Photographer: Chris Ratcliffe/Bloomberg

`Brexit' Risks $700 Million Shock to Energy Bills, Rudd Says

  • Minister says U.K. better able to `force Putin's hand' in EU
  • EU nations invested $64 billion in U.K. utilities in 2014

A U.K. vote to leave the European Union might force gas and power bills up by 500 million pounds ($700 million) a year, Energy Secretary Amber Rudd said, warning that a “Brexit” would threaten Britain’s energy security.

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