Industry to push for measures to relieve huge rise in household bills amid soaring wholesale prices
The government is to hold emergency meetings with the bosses of the UK’s biggest energy suppliers, after providers warned on Thursday of a “national crisis” that could see bills skyrocket more than 50% to £2,000 a year.
Kwasi Kwarteng, the business secretary, is to hold virtual meetings on Monday with energy suppliers, who are pushing the government to intervene to alleviate the unprecedented rises in consumers’ bills caused by soaring wholesale gas prices.
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