Cost Of Living Five Million Households Now In Fuel Stress As Energy Price Cap Rises To Almost 2K Business News
April Fools’ Day sees the energy price cap rise by a record amount to help keep up with rising wholesale prices – with bills still reflecting the impact of Russia’s war in Ukraine. It was announced in February that customers with default invoices paying by standing order would see an average annual increase of 3 693, from 27 1,277 1. to 97 1,971 £ from 1 April, while prepaid customers are experiencing an increase of 8 708 £ from 30 1,309 £ to £ 2,017....