The energy price cap is expected to surge from £1,971 to £2,800 a year in October, the boss of Ofgem has told Rishi Sunak, piling further pressure on the chancellor to help struggling Britons through a deepening cost-of-living crisis.
The energy regulator’s chief exective, Jonathan Brearley, told MPs on the Business, Energy and Industrial Strategy Committee that he would write to the chancellor telling him he expected the cap to be “in the region of £2,800” when it is reviewed later this year.
