The UK energy secretary is flirting with a bad idea for bills
So said Miatta Fahnbulleh, the energy secretary, recently, bracing for the hike in energy bills that looks inevitable in January.
The Guardian reports: So said Miatta Fahnbulleh, the energy secretary, recently, bracing for the hike in energy bills that looks inevitable in January.
There are many reasons to ignore this affordability ‘solution’, not least it being complex and fiddly. Just keep things simple “My mark of failure or success is whether I can get bills down or not.
This business story centres on the United Kingdom. Names and organisations mentioned in the coverage include UK, I’m and Miatta Fahnbulleh.
Why it matters
Business and economic news can ripple through prices, jobs, investments and household budgets.
Key details
- Location
- United Kingdom · Europe
- Reported by
- The Guardian
- First reported
- Key names
- UK, I’m, Miatta Fahnbulleh
- Section
- Business
- Figure cited
- Industry projections suggest £400-ish on an annual basis is on the way, with “stubbornly high” levels for the rest of decade even if wholesale gas prices cool down. (The Guardian)
Sources
This is an independent summary. Read the full, original reporting from the publisher:
Read the full story at The GuardianSpotted an error? Request a correction · How this summary was produced
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