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Monday 29 August 2022

Boris Johnson’s caretaker government accused of silence as UK energy bills are set to soar 80%

 Boris Johnson’s caretaker government has been accused of staying silent as the country’s energy price cap surges by 80%.

No minister appeared on the daily broadcast round on Friday, as the energy regulator Ofgem revealed that annual household bills will jump to £3,549 ($4,189) from October 1.

The surge in prices will pile more pressure on British workers ahead of what is expected to be the toughest economic period in a generation, with inflation tipped to reach 18.6% in spring 2023. The Bank of England has also warned that the UK will enter a recession in the fourth quarter and that it could last for more than a year.

But the summer has been given over to the leadership contest between Liz Truss and Rishi Sunak, who are vying to replace Johnson as the next prime minister. The successor will be announced on September 5....<<<Read More>>>...