Good morning. Even in a year where energy prices have dominated the news agenda, this is a significant day: Ofgem, the UK industry regulator, is due to announce a change to the energy price cap – with prices expected to go up from October to an annual maximum of more than £3,500. That number could be a staggering £5,300 by the new year.
For almost anyone, those prices will make a difference to their standard of living. But for the most vulnerable, such exorbitant costs will have a profound impact, and in many cases make an already difficult situation impossible.