Energy price cap rise ‘will push millions in Great Britain into fuel poverty’

Typical bill will surge by £220 a year from Wednesday, forcing 13.5m homes to spend over 10% of income on fuel Millions of households in Great Britain will be pushed into fuel poverty after months of volatility on the global gas markets as energy bills rise by more than £220 a year under the government’s price cap from Wednesday. As the cap on gas and electricity rates rises to the equivalent of £1,862 a year, the number of households forced to spend more than 10% of their income on energy bills will increase to 13.5m from almost 11.3m in April, according to fuel poverty campaigners. Continue reading...