Britain to see 80% spike in energy bills as crisis deepens - News Summed Up

Britain to see 80% spike in energy bills as crisis deepens


Britain to see 80% spike in energy bills as crisis deepensLONDON (AP) — Jennifer Jones keeps feeding money into her energy meter, but it never seems to be enough. Like millions of people, Jones, 54, is struggling to cope as energy and food prices skyrocket during Britain's worst cost-of-living crisis in a generation. U.K. residents will see an 80% increase in their annual household energy bills, the country’s energy regulator announced Friday, following a record 54% spike in April. Every household, no matter their financial situation, will get 400 pounds off their energy bills this winter. Neither Liz Truss nor Rishi Sunak, the two politicians vying to become the next prime minister, appear to support taxing energy giants.


Source: CBC News August 26, 2022 10:00 UTC



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