Families face a fresh price hike this October as the cost of living skyrockets. That is according to one energy consultancy firm which says another £629 could be added to bills.
Cornwall Insights believes families could see their bills shooting up again, meaning they would have doubled in just over a year. It says the invasion of Ukraine has caused volatile wholesale prices with four months to go before the winter price cap is announced.
The expected hike would come as the weather gets colder again. It has led to more calls for the Government to support families struggling with the cost of living.
