Future Of British Business
Next UK Prime Minister Faces ‘Scary’ Winter Energy Crisis
- Energy industry group says subsidies may not be enough
- Bills are set to break records this winter on power costs
A light on at a residential home in Upminster, UK.
Photographer: Chris Ratcliffe/BloombergThis article is for subscribers only.
Whoever becomes Britain’s next prime minister will face a cost-of-living crisis that’s growing faster than government measures to blunt the impact of rising energy prices.
That’s the message from the head of a group representing the country’s energy industry. With bills forecast to reach new records this winter, candidates for premier need to quickly shift to focus on immediate rising costs for consumers, according to Energy UK.