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The Guardian view on energy costs: vulnerable households need help with their bills | Editorial
Power & DiplomacyThe Guardian27 Aug, 11:31 pmAtlasHour
Power & Diplomacy

The Guardian view on energy costs: vulnerable households need help with their bills | Editorial

Soaring prices are plunging struggling families into debt. The government must support them in the short term as it invests in a clean energy future Fuelled by the consequences of Donald Trump’s disastrous war on Iran, household energy debt in Britain is continuing to soar, rising to a record £6bn by the end of June. That figure is set to hit £7bn by the end of the year, as the government’s cap on gas and electricity prices goes up to a three-year high in October. The human cost among the less well off will be more people regularly choosing whether to skip meals, ignore other bills or stay cold this winter. Such is life at the sharp end of the cost of living crisis, which Andy Burnham has made it his priority to address since arriving in Downing Street. The day after he became prime minister, Mr Burnham announced that VAT would be removed from electricity bills from the beginning of October. But the Middle East-related rise in the price cap, announced on Wednesday, more than wipes out the effect of his cut. In an era of geopolitical volatility, high energy costs have become the new normal...

Source-linkedAtlasHour DeskThe Guardian27 Aug, 11:31 pm

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Soaring prices are plunging struggling families into debt.

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