Cost of global energy crisis on households in Great Britain ‘to hit £3,000 by summer’

Cost of global energy crisis on households in Great Britain ‘to hit £3,000 by summer’

Average annual bill will be about £750 higher than in 2020-21, before Russia-Ukraine war, says campaign group

The cost of the global energy crisis caused by Russia’s invasion of Ukraine will reach £3,000 for the average British household by the summer, after another expected increase in bills in April.

The average annual bill in Great Britain under the latest energy price cap is forecast to be about £750 higher than in the pre-invasion winter of 2020-21, a 75% increase, according to calculations by the End Fuel Poverty Coalition, a campaign group. The cumulative toll of the price increases in the last four years comes to £3,033, the group said.

Continue reading…   

​ 


Discover more from Stay Updated Finance News

Subscribe to get the latest posts sent to your email.

Author: admin

Leave a Reply

Your email address will not be published. Required fields are marked *