British households set to learn of fresh energy price rise ...Middle East

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LONDON: In Britain, households are set to learn that their energy bills will rise again from January as hopes for relief from the cost-of-living crisis are put on hold, reported German news agency (dpa). Regulator Ofgem will announce its latest price cap on Thursday, with energy consultancy Cornwall Insight predicting it will increase from the current £1,834 for a typical dual fuel household to £1,931 – a five per cent jump to take effect from January to March.The forecasts suggest that the typical bill will then fall to £1,853 from the start of April, but will not drop below today’s level until July next year.Cornwall Insight said recent milder weather was helping to bring down gas prices

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Last updated : 19 Nov 2023 clock 02:13 PM

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British households set to learn of fresh energy price rise ...Middle East

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