A sharp 4% hike in energy bills will push the annual cost for a typical British household to £1,723 from Thursday, raising concerns over affordability as prices climb toward £2,000. With the chancellor acknowledging limited funds to soften global economic pressures, calls are growing for additional support in the upcoming budget. The government insists fiscal discipline remains a priority amid rising household costs. Read more about how families may cope with the financial strain ahead.
Millions of people in Great Britain face increase from Thursday to an average of £1,723 a year for a typical homeWhat to do as energy bills head for £2,000 a yearJohn Healey is under growing pressure to offer fresh energy support for households in next month’s budget as millions face a 4% rise in charges from Thursday to an average of £1,723 a year for a typical home.In his speech at Labour’s conference in Liverpool this week, the chancellor warned that the government had limited resources to cushion the worldwide economic shocks hitting Britain, while arguing his budget would have fiscal discipline at its core. Continue reading...
