Reported about 2 months ago
The UK's energy price cap will rise by 10% on October 1, reaching £1,717, due to increased wholesale power and gas prices, impacting millions of households as the winter heating season arrives. The expected hike follows previous increases and aligns with new restrictions on pensioner heating subsidies, potentially exacerbating the cost of living crisis in Britain. Energy officials warn that many UK residents may reduce heating usage this winter amid ongoing inflation challenges.
Source: YAHOO