Most economists forecast that the latest data from the Office for National Statistics ONS) will show Consumer Prices Index (CPI) inflation jumping to 10.7 per cent last month from 10.1 per cent in September. It would mark the highest level of inflation since January 1982.
The government promised in September that no household in the UK would pay more than 34p per unit of electricity and 10.3p for every unit of gas that they used. For the average family, this would mean bills would reach around 2,500 per year, but households that used a lot of energy could pay more and people could reduce their bills by using less.
This story is from the November 16, 2022 edition of The Independent.
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This story is from the November 16, 2022 edition of The Independent.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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