economy

Good Morning Britain interrupted for breaking news

Good Morning Britain came to a halt for a breaking update, with Richard Madeley and Ranvir Singh telling viewers that Ofgem has announced a 4% rise in the energy price cap from October. This means typical household bills will rise to £1,723 a year – a three-year high – dealing a fresh blow to Prime Minister Andy Burnham as he faces mounting pressure to ease the cost-of-living burdens facing Brits.

Good Morning Britain interrupted for breaking news

TL;DR

  • Ofgem announced a 4% rise in the energy price cap starting in October.
  • Typical household energy bills will increase to £1,723 per year.
  • This represents a three-year high for energy costs.
  • The increase adds pressure on Prime Minister Andy Burnham regarding the cost of living.