Millions face second record energy price hike this year, analysts warn

UK households could be hit with a double whammy of soaring energy bills in April and October

Millions of households could face a second record energy price hike this year which would lift the average gas and electricity bill to £2,255 from October, intensifying the UK’s cost of living crisis.

Energy bills are expected to soar to almost £2,000 a year from April under the regulator’s energy price cap, and industry analysts have warned that a second surge in October could drive bills more than 75% above today’s prices.

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