LONDON, Aug 26 — The cost of energy for British consumers will rise by 80 per cent from October, regulator Ofgem said on Friday, taking average annual household bills to £3,549 .
“The response will need to match the scale of the crisis we have before us.” Finance minister Nadhim Zahawi said he was working on a plan to be ready for the next government, which will be appointed when either Liz Truss or Rishi Sunak becomes prime minister on Sept. 5.
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