Average annual energy bills will rise by £332 in July to a three-year high, more than double the previously anticipated increase. Forecasters attribute the surge to higher oil and gas prices driven by the war in Iran, which will add upside to inflation, pressure household spending and affect energy-sector pricing.
Average annual energy bills will rise by £332 in July to a three-year high, more than double the previously anticipated increase. Forecasters attribute the surge to higher oil and gas prices driven by the war in Iran, which will add upside to inflation, pressure household spending and affect energy-sector pricing.
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Request DemoOverall Sentiment
moderately negative
Sentiment Score
-0.45
