A Third of UK Homes Seen Falling Into Energy Poverty by October
- Forecast comes despite discount on bills pledged by ministers
- Quickening inflation is pushing up prices faster than wages
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Surging energy prices are projected to push one in three British households into fuel poverty by October, intensifying the cost-of-living crisis and heaping pressure on the new prime minister to take swift action.
The number of homes spending more than 10% of total income on energy will jump to 8.2 million that month, when bills are set to rise about 60%, according to charity National Energy Action. The stark outlook takes into account a £400 ($480) discount on bills for all consumers, laid out by the government in May.