Household energy bills will face another increase as inflation pushes the cost of living higher.
Inflation has hit a 40-year record high as it has creeped up to 9.1 per cent in the 12 months to May, from 9 per cent in April, the Office for National Statistics (ONS) said.
With food prices are set to jump again, along with fuel and already high energy bills, households will be charged for an extra cost. Back in September 2021, over thirty energy firms went bust in the midst of the energy crisis as wholesale prices spiked to record highs.
