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UK energy suppliers announce maximum price rises

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Flurry of increases mean millions of homes face some of the highest energy bills for the past decade

Several UK energy suppliers have said they will raise the price of their standard gas and electricity tariffs to the maximum limit set by the energy regulator for the coming winter.

Ofgem’s price cap will climb to its highest level since it was introduced in early 2019 owing to a surge in global gas market prices. The regulator said that for 11 million households who pay by direct debit, energy bills would increase from an average of £1,138 a year to £1,277 from October.

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