
UK's Vulnerability to Energy Cost Surges
An OBR economist warns that the UK is poorly positioned to assist households if energy costs surge, given the current level of public debt.
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An OBR economist warns that the UK is poorly positioned to assist households if energy costs surge, given the current level of public debt.

UK households are set to see an average £150 reduction in their energy bills from April, following changes to the Ofgem price cap.

The economic impacts of the Iran war are likely to be felt across the world, including by UK households

Latest predictions suggest Ofgem will reduce the energy price cap by £117 to £1,641 a year for a typical dual fuel household from April 1, leading to lower energy bills for UK households.