A “HUGE” package of measures is on its way to help the millions of Britons terrified by sky-high energy bills, Boris Johnson said.
The outgoing Prime Minister promised help for struggling households would be announced next month, whoever wins the Conservative leadership contest. Mr Johnson admitted the months ahead would be “tough, perhaps very tough” as households face “eye-watering” energy bills. But he insisted: “We have made the long-term decisions, including on domestic energy supply, to ensure our bounceback can and should be remarkable and that our future will be golden.”
He added: “I have never been more certain we will come through this well – and that Britain will emerge stronger and more prosperous the other side.”
The Prime Minister, who is expected to leave office on September 6, said: “Next month – whoever takes over from me – the Government will announce another huge package of financial support.”
Mr Johnson blamed Russian dictator Vladimir Putin’s war in Ukraine for soaring energy bills, using a valedictory message as PM to tell the Mail on Sunday: “It was Putin’s barbaric invasion that spooked the energy markets.” On Friday, regulator Ofgem announced that a new energy price cap would push the average household’s yearly bill up to £3,549.
It comes into effect for 24 million households in England, Scotland and Wales on October 1, and will remain until December 31. And experts warn there are further price hikes to come, with consultancy Auxilione predicting the cap could reach £7,700 from April.
This story is from the August 28, 2022 edition of Sunday Express.
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This story is from the August 28, 2022 edition of Sunday Express.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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