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The Guardian - UK
The Guardian - UK
Business
Jessica Elgot, Alex Lawson and Ben Quinn

UK energy bills ‘set to cost two months’ wages’, ministers warned

Person checking electricity bill against meter reading
The annual cost of energy is predicted to be £4,200 by early next year. Photograph: UrbanImages/Alamy

Ministers have been warned that energy bills will cost more than two months’ wages next year unless new help is given to households, as the chancellor, Nadhim Zahawi, told firms they must invest their “extraordinary” profits or face the threat of further taxation.

The TUC ramped up calls for the government to cancel the October energy price cap rise, saying the cost of living crisis this winter was an “emergency of pandemic scale”.

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