£3850 prediction for price cap - after Russia reduces supply

[cakeorwine]

www.theguardian.com/money/2022/jul/27/uk-energy-bills-forecast-to-hit-3850-pounds-russia-cuts-gas-supply-further-europe-pipeline

Gas being used as a weapon, increasing the price of gas everywhere.

The VAT cut won't do anything.

And this will affect everyone, including people who have fixed as it will affect our economy.

This is an incredible amount. Over 3 times the price cap in October 2021

It's an insane price!

Add that £350 a month ful bill, to the £400 odd a month mortgages are going up by and the extra cost of food etc we're asking people to find hundreds, if not a thousand pound extra money each month!!

Frightening times.

The VAT cut would do something, but nowhere near enough.

It is so scary.

There are people who earn less than they spend at the moment. This is just going to make things much worse

This will be the new PMs problem