City Of London
UK Households Get Fresh Warning of Energy Bills Topping £4,000
- Bills in Britain are set to soar to record levels this winter
- Households are struggling to pay amid cost-of-living crisis
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UK households received yet another warning that they should brace for energy bills to exceed £4,000 this winter as high gas prices threaten to exacerbate a cost-of-living crisis.
The default price cap is set to rise to £4,266 ($5,163) in the first quarter of 2023, according to analysis from Cornwall Insight Ltd. That will pile more pressure on consumers already struggling to pay their bills -- a key issue for whoever is the next prime minister.