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Daily Mirror
Daily Mirror
Business
Levi Winchester

Cost of living crisis: Everything soaring in price as Brits to be £2.5k worse off

Bank of England England National Insurance

The cost of living crisis deepened today after a huge hike in energy bills was confirmed for millions of households.

Energy regulator Ofgem confirmed it is upping its price cap from £1,277 to £1,971 - an eye-watering 54% increase of £693.

Prepayment customers will be worst hit, with an increase of £708 from £1,309 to £2,017.

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