Brits worst hit by energy crisis in Western Europe – IMF ...News

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Brits worst hit by energy crisis in Western Europe – IMF
The UK is the most dependent European country on natural gas, analysis shows The deepening energy crisis is hitting British household budgets harder than any country in Western Europe, The Guardian reported on Thursday, citing analysis by the International Monetary Fund (IMF). The report also pointed out that the difference in cost burden on low-income and wealthy households is far greater in Britain than elsewhere in Europe. This was attributed to the UK’s heavy reliance on gas to heat homes and produce electricity at a time of spiking prices. In addition, the UK has the least energy efficient homes in Western Eu

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