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UK Energy Price Cap Rises 10% Amid Cost of Living Crisis

Millions of households face higher bills as inflation and economic challenges persist.

  • Ofgem's energy price cap increases by 10%, raising average annual bills to £1,717 for dual-fuel households.
  • Research shows 7.7 million households in England are at risk of 'fuel stress' this winter.
  • Labour government extends Household Support Fund to provide relief for vulnerable families until March 2025.
  • Businesses and consumers express declining confidence in the UK's economic outlook, with concerns over tax increases and cost pressures.
  • Energy providers offer various support measures, including grants and free electric blankets, to assist struggling customers.
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