Surging utility bills threaten to sink more than half of British households into debt More than half of the UK households risk falling into energy poverty this winter, Bloomberg reported on Thursday, citing data from the consultancy Baringa Partners. Skyrocketing bills are also reportedly threatening power suppliers with rising debt that can’t be repaid. The report warned that the crisis could have a bigger impact on households than the global financial crisis. Bills are set to jump by roughly 80% starting from October, when colder weather boosts energy demand. Winter energy bills are expected to be more than trip
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