BREAKING: Energy price cap to rise to £3,549 on October 1.
Ofgem has confirmed the level of the long-expected rise due to come into force on October 1 The energy price cap will rocket to £3,549 on October 1, a move which will pileConsumers have been warned for several months that bills are going to keep climbing but the announcement will put further pressure on the government to announce new help.‘will cause stress and anxiety for many people’ and insisted ‘help is coming’.
As well as directly piling pressure onto household budgets, energy costs are fuelling inflation and pushing the cost of goods up He continued: ‘If we do not get further government intervention on top of what was announced in May then lives will be lost in winter because of these terrible, unaffordable energy bills.’
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