fromLondon Business News | Londonlovesbusiness.com
1 day agoReeves told to act now amid fresh cost-of-living blow for Britain - London Business News | Londonlovesbusiness.com
Ofgem confirmed that its price cap will rise by 13 per cent from July 1, pushing the typical annual household bill to around £1,862 - an increase of £221 on current levels. Analysts now warn that costs could climb further in the autumn, with forecasts suggesting a further rise to around £1,899 for the October-to-December period as colder weather increases demand and geopolitical tensions continue to unsettle energy markets.