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The UK government is talking to the energy industry to find ways to mitigate a huge rise in energy bills that is set to hit consumers in April
Environment
| Analysis
7 January 2022
Protesters demand action on fuel poverty in London in November 2021 Vuk Valcic/SOPA Images/LightRocket via Getty Images
The shock of rising energy bills due to sky-high wholesale gas prices has already squeezed UK household budgets, disrupted industrial plants and triggered the collapse of 28 energy suppliers including Bulb. Now the issue is on the brink of escalating into a major cost of living crisis.
By 7 February, the energy regulator Ofgem will announce a new level for a regulated price cap that protects 15 million customers. When it takes effect in April, the average annual dual …
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