UK households in 'fuel stress' double overnight, think tank warns

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The number of households in England spending at least 10% of their budget on energy bills, a share deemed to represent 'fuel stress', will double on Friday to 5 million and will escalate further, a think tank showed.

Flames from a gas burner on a cooker are seen February 1, 2017 in this illustration photo taken in a private home in Nice, France. REUTERS/Eric GaillardLONDON, April 1 - The number of households in England spending at least 10% of their budget on energy bills, a share deemed to represent "fuel stress", will double on Friday to 5 million and will escalate further, a think tank showed.

The cap is set to rise again in October, which could push an additional 2.5 million households into fuel stress, the Resolution Foundation, a think tank that focuses on living standards, warned in a report.Finance minister Rishi Sunak was widely criticised last week for not doing enough in a budget update to help the poorest households through the most severe hit to living standards since at least the 1950s.

"Another increase in energy bills this autumn hastens the need for more immediate support," said Jonathan Marshall, senior economist at the Resolution Foundation.

 

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There is some terrific oligarcs assets U.K could sell and use money for high gasprices to low income households. Russia would do it, they steal what they can.

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