The number of fuel-stressed households in the UK doubled with the start of this month as the energy market regulator of the country lifted the cap on energy prices. Per a Reuters report, the number of households under fuel stress—having to use at least 10 percent of their budget for energy bills—has doubled to 5 million and will continue to increase, according to the Resolution Foundation, a nonprofit with a focus on living standards. Starting today, energy bills for millions of British households will be 56 percent higher after Ofgem,…
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