UK Business

How to help UK households manage rising energy bills

Written by Ludovica Gazze, Assistant Professor in the Department of Economics, University of Warwick

UK households's rising energy costs.Ink Drop/Shutterstock

The cost of electricity rose sixfold between January 2021 and November 2022 as the impact of the COVID pandemic combined with Russia’s invasion of Ukraine to push up wholesale energy prices.

Without government intervention, household electricity costs could have grown sixfold too. But...

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How to help UK households manage rising energy bills

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Higher than expected inflation report dashes hopes for further RBA rate cuts

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