Energy bills are rising by 54% for millions of UK households
CNN
Life is about to get much more expensive for tens of millions of Brits.
A cap on how much UK consumers can be charged for energy will increase by 54% in April, according to energy regulator Ofgem. That means the 22 million households covered by the cap will be paying hundreds of pounds more a year to heat and light their homes.
UK households are already under huge pressure from rising prices and interest rates, and campaign groups warn that millions of people are struggling to heat their homes. Payroll taxes are also scheduled to increase in April, adding to the country's cost of living crisis.
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