Our elites got us into this mess, only we can get us out.
Six years after Britain voted to ‘take back control’, once again it feels like no one is in control.
Ofgem announced today that already high household energy costs are to be hiked a further 80 per cent, taking the average annual bill to £3,549 as of October. If more government support isn’t forthcoming, half of households could fall into fuel poverty.
The wonks at Cornwall Insight, who predicted the energy-price-cap rise almost to the figure, make clear the worst is yet to come. By April, the average bill could be £6,600 per year. And inflation continues to soar. Citi says it could peak at a staggering 18 per cent in the first quarter of 2023.
