Rise would plunge hundreds of thousands of consumers in England, Scotland and Wales into fuel poverty
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It seems as though the collapse of so many energy firms in the UK is going to significantly increase energy bills for all of us, according to investment bank, Investec.
Indeed, they estimate that the total cost per household of having to support firms such as Bulb UK is going to be around £120. And this comes at a time when inflation is rising, living standards being squeezed and there being little sign of commodity costs falling. As a result, more people are going to be plunged into fuel poverty.