Brits need to get used to high energy bills until at least October 2023. The dire financial warning comes with calls for the Government to do more to help people in the cost of living crisis.
Craig Lowrey, principal consultant at Cornwall Insight, is the expert who predicted the price cap on energy bills will rise to £2,980 in October from £1,971. Today has said that there is room for the Government to do more to support billpayers.
Dr Lowrey and his colleagues believe that prices will remain above £2,600 until at least October next year.
