Cost of living crisis: UK households potentially facing the biggest energy bill shock since 1950s

According to insiders, the Treasury had long pencilled in a potential intervention in August, timed to coincide with Ofgem's announcement of its next price cap.

Paste BN analysis finds that even if raw energy costs remain relatively stable, households still face a further bill shock from the autumn - on top of this Friday's average annual rise of almost £700.
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