Energy UK urges government action as domestic gas prices rise
Trade body Energy UK has called on the government to act immediately to support households facing rising energy bills this winter.
FTMQ Business, written by our newsroom0 views
Trade body Energy UK has called on the government to take immediate action to support households struggling with energy bills this winter, the BBC reported. The warning comes after domestic gas prices increased on Thursday and forecasts pointed to further steep rises in January. [1]
Energy UK warned that inaction would lead to a deeper, longer-term, and more costly crisis, according to the BBC. Earlier figures revealed by the BBC showed that forecasters expect a 16% rise in domestic energy prices in the new year. This price increase is expected to affect 20 million households on variable tariffs governed by the price cap from regulator Ofgem. [1]
Prime Minister Andy Burnham stated that the government is considering any measure that would relieve pressure on households, the BBC reported. The proposed interventions aim to assist residents across England, Scotland, and Wales who are on variable tariffs. [1]
In short
- Energy UK called for immediate government action to help households with winter energy bills.
- Forecasters predict a 16% increase in domestic energy prices in January.
- The predicted price rise will affect 20 million households on variable tariffs in England, Scotland, and Wales.
- Prime Minister Andy Burnham said the government is considering measures to reduce financial pressure on consumers.
Sources
Every paragraph above points to the numbered items it rests on. Read the originals here.
- [1]Suppliers pile pressure on government over energy billsBBC Business, 1d ago (the report this story comes from)
Background
- [2]Chicago Pile-1 on Wikipedia
Our newsroom writes these reports with the help of software, from the 2 sources listed and nothing else, and checks them against those sources. Facts can still be wrong or move on; the originals are the record. Spotted a mistake? Write to daniel@monsterkong.com.
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