BBCNEWS BBC News February 3, 2022 12:30:00
Energy prices will rise by nearly £700 a year for millions of households after regulator ofgem hiked the price cap on bills to £1,971 — equivalent to a 5k per cent increase. the chancellor, rishi sunak, has announced a £200 discount on all electricity bills — which will later be repaid — and a £150 council tax rebate for those in bands a to d. the bank of england has raised interest rates for the second time in three months to try to curb a rapid rise in the cost of living. the increase to 0.5% from 0.25 per cent comes as the bank said inflation is on course to hit a 30—year high. ...
Source: archive.org