In the latest news surrounding the gas crisis, It has been reported by the Guardian that each home in the UK could be added to current woes of rising gas prices and fuel prices for those of you on the road. Prices could cost an extra £120 over the winter, which could hinder many households into poverty.
Investec has spoke about the recent crisis, as Bulb energy went into administration last week, the 7th biggest supplier in the country: “The meltdown in the supply market is likely to see substantial additional costs land on every GB household, hardly welcome when fuel poverty is an issue, inflation is an issue, and commodity costs look set to push energy bills up,”
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If you’re interested in more UK energy news, check out our other articles regarding the UK energy sector and how it’s handling the recent energy crisis.