- The Ofgem energy price cap will rise by 4 per cent from 1 October for typical households in England, Scotland, and Wales.
- Energy Secretary Miatta Fahnbulleh defended the hike, stating she cannot control Middle East conflicts that drive up global wholesale prices.
- Analysts confirmed that ongoing tension in the Middle East has pushed wholesale energy costs higher.
- The Secretary of State admitted the upcoming rise will exceed the support previously announced by the Prime Minister.
- Fahnbulleh pledged that the government will continue working to bring household energy bills down.
IN FULL