{"id":517359,"date":"2022-08-27T10:46:43","date_gmt":"2022-08-27T05:16:43","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=517359"},"modified":"2022-08-27T12:34:35","modified_gmt":"2022-08-27T07:04:35","slug":"uk-cost-of-living-crisis-worsens-as-energy-price-cap-nearly-doubles","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/uk-cost-of-living-crisis-worsens-as-energy-price-cap-nearly-doubles\/","title":{"rendered":"UK cost-of-living crisis worsens as energy price cap nearly doubles"},"content":{"rendered":"<p>British households on Friday faced an eye-watering 80-per cent hike in electricity and gas bills, in a dramatic worsening of the cost-of-living crisis before winter as the country awaits a new leader.<\/p>\n<p>Regulator Ofgem said its energy price cap, which sets prices for consumers who are not on a fixed deal with their supplier, will increase from October 1 to an average \u00a33,549 ($4,197) per year from the current \u00a31,971.<\/p>\n<p>Worse is expected to come in January, when Ofgem next updates its cap, with average bills predicted to top \u00a35,000 &#8212; or more. <\/p>\n<p>Ofgem blamed the increase on the spike in global wholesale gas prices after the lifting of Covid restrictions and Russian restrictions on supplies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>British households on Friday faced an eye-watering 80-per cent hike in electricity and gas bills, in a dramatic worsening of the cost-of-living crisis before winter as the country awaits a new leader. Regulator Ofgem said its energy price cap, which sets prices for consumers who are not on a fixed deal with their supplier, will increase from October 1 to an average \u00a33,549 ($4,197) per year from the current \u00a31,971. Worse is expected to come in January, when Ofgem next updates its cap, with average bills predicted to top \u00a35,000 &#8212; or more. Ofgem blamed the increase on the spike [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,234],"tags":[],"class_list":["post-517359","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-power-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/517359","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=517359"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/517359\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=517359"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=517359"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=517359"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}