The proportion of British families who face the phenomenon of so-called fuel poverty could double by October – from 20% to 40%. This forecast was made on Sunday by the general director of the British branch of the largest German energy concern E.ON UK Michael Lewis.
⠀
“We’re seeing more people facing fuel poverty. That means they’re spending more than 10% of their disposable income on energy,” Lewis said. 40% unless the government intervenes in one way or another.”
⠀
On April 1, 2022, as global gas prices rose, the UK electricity price cap was raised, after which the average UK household bill for both electricity and gas rose by 54% from £1,277 to £1. 1,971 per year ($1,600 and $2,460 respectively). In October, this figure may already be £2,750 – 3,000 ($3,430 – 3,750).
⠀
Gasoline and diesel prices are at record highs.
As a result of a sharp rise in electricity prices in April, annual inflation in the country accelerated to 9%, which was the highest figure in 40 years. According to the Bank of England, by the end of the year the inflation rate in the United Kingdom will exceed 10%.