UK energy regulator Ofgem is due to announce its latest price cap on household bills, with big increases expected.LONDON - Britain announced a vast 80 percent hike in electricity and gas bills, in a dramatic worsening of the cost-of-living crisis before winter as the UK awaits a new leader.
The news sparked outcry from charities who said families faced one of the"bleakest Christmases" for years, with UK inflation already in double-digits and forecast to strike 13 percent in the coming months due to runaway energy bills. "We know the massive impact this price cap increase will have on households across Britain and the difficult decisions consumers will now have to make," added Ofgem boss Jonathan Brearley on Friday.- 'Zombie' government -
Gas comprises a major part of Britain's energy mix, with tens of millions of homes relying on gas-powered boilers for their heating.
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