UK households have been facing soaring energy bills over the past months, and this trend of rising energy costs is expected to continue in the near future. TUC also encouraged the trade unions and business leaders to assist the government in coming up with solutions to the ongoing problems. However, the cost of energy on annual basis is forecasted to stand at £4,200. Amidst the ongoing energy crisis, UK investors may exploit the opportunity to make gains by investing in the following energy utility stocks suggested by Kalkine Media®. The shares of the leading British energy utility business, National Grid plc, rallied by 0.09% at 8:18 AM (GMT+1) on Friday and were trading at GBX 1,133.00.
Source: The Guardian August 12, 2022 14:51 UTC