Johnson predicts harsh months for UK due to ‘eye-watering’ energy bills

Date:

Washington: Outgoing UK Prime Minister Boris Johnson said in an op-ed that a few coming months will be tough for the British due to high energy prices. “The months ahead are going to be tough, perhaps very tough,” Johnson wrote in an article, published by Daily Mail newspaper on Saturday.

“Our energy bills are going to be eye-watering,” he said, adding “for many of us, the cost of heating our homes is already frightening. “According to Johnson, the beginning of Russia’s special operation in Ukraine significantly affected the energy markets. However, he claims that the UK will emerge from the crisis stronger and more prosperous.

The UK prime minister said, referring to the confrontation with Russia, that “in this brutal arm- wrestle, the Ukrainian people can and will win. And so will Britain. “The outgoing prime minister promised that whoever will be his successor, they will announce new measures of financial support for fellow citizens to tackle surging electricity prices.
On Friday, the UK energy regulator Ofgem announced an 80% increase in the energy price cap to 3,549 pounds ($4,1 94) per year starting October 1 due to rising global energy prices. Since its last revision in April, the energy price cap has stood at 1,97 1 pounds.

In October 2021, the price cap was 1,277 pounds.

Share post:

Popular

More like this
Related

Warangal West MLA Naini Rajender Reddy thanks CM Revanth for getting Mamnoor airport clearance

Hyderabad: Naini Rajender Reddy, MLA from Warangal West Assembly...

Byju’s Downfall: Raveendran Alleges Calculated Conspiracy Behind India’s Biggest EdTech Collapse

New Delhi: The dramatic decline of BYJU'S, once India's...

Telangana’s historic decision to implement SC Sub-Categorization sets a national precedent

By M. Rajanikanth | Bureau Chief Hyderabad: The Telangana government...

Supreme Court permits Kerala Pravasi Association to approach Union Health Ministry over defective anti-Rabies vaccine

THIRUVANANTAPURAM: The Supreme Court has granted Kerala Pravasi Association...