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Chronicle Live
National
Graham Hiscott & Tom Beattie

New £200 energy bills uplift will plunge one in four into financial problems, says energy regulator

A surge in energy bills for 22 million households is set to be announced tomorrow - a £30 a month jump which would plunge one in four into crisis.

Energy regulator Ofgem today it is bringing forward an announcement on April’s rise in its price cap from next Monday.

In a possible double whammy for cost of living hit households, the Bank of England will also announce at midday tomorrow whether to hike interest rates, the Mirror reports.

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