People are braced for a steep rise in energy bills to be announced today with Ofgem expected to raise the price cap by 50 per cent.
And as households prepare for their finances to take a hit, Foreign Office minister James Cleverly said the crisis in Ukraine was partly to blame for soaring energy bills.
Mr Cleverly told Times Radio: “The situation in Ukraine has played a part in what has been a global increase in wholesale gas prices and that’s had a knock on effect through the supply chain right through to the energy companies in the UK and ultimately to people’s bills.”
He said the Government already had targeted support in place for pensioners and lower-income families and had increased the minimum wage.
But he added: “My understanding is the Chancellor will be making further statements later on, we absolutely recognise the pressure this puts on some families and so that’s why both our general support and our targeted support is so important and that’s why I’m very, very proud we put those support packages in place.”
Chancellor Rishi Sunak will announce support to ease the pressure on millions of households facing soaring energy bills.
