BBCNEWS Context February 3, 2022 21:35:00
Regulator 0fgem raised the price cap on what companies can charge their customers. the change will apply for april. the average annual bill for gas and eletricity for those not on fixed deals will rise by almost £700 a year to almost £2000. it will affect around 22 million households in england, wales and scotland. on top of that the base rate went up today, for the second time in three months, to 0.5% as the bank of england tries to curb the rise in the cost of living. and that's because inflation, the rate at which prices are rising, is expected to peak at 7.25% in april, well above the ba...