More than three million worst hit families will be forced to shell out £2,000 more on their energy bills after government support was scaled back, new analysis shows.
Research by The Resolution Foundation also found that workers are £15,000 worse off a year on average because of an unprecedented wage downturn which will see salaries drop to 2008 levels for the next five years.
The think-tank estimates that Jeremy Hunt's decision to slash universal support and to scale back the Energy Price Guarantee means that typical households will have just 30% of soaring bills offset.