Britons faced with an 80% increase in the energy price cap face tough times ahead but should have a sense of “hope and perspective”, Boris Johnson said. The outgoing Prime Minister said a “huge amount” of help for households had already been promised and his successor – either Liz Truss or Rishi Sunak – would provide further support.
Regulator Ofgem has announced a rise in price cap for around 24 million households in England, Scotland and Wales, sending the average yearly bill from £1,971 to £3,549. Mr Johnson highlighted the announcements already made which will see £1,200 going to the eight million most vulnerable households.
But he added: “Whichever of the two candidates gets in next week, what the Government is also going to do is provide a further package of support for helping people with the cost of energy. What we’ve got to do is get through the tough months – and I’m not going to shrink from this, it is going to be tough in the months to come, it’s going to be tough through to next year.”