Why Britain pays such a crippling price for electricity

By Yahoo! Finance   |   1 week ago
Why Britain pays such a crippling price for electricity

Following Russia's attack on Ukraine, energy prices surged in Europe, impacting millions. Ofgem's report reveals household debts hit £4bn due to power price hikes. Businesses struggle with soaring electricity costs, affecting competitiveness and industries. The complex energy bills include various levies and taxes driving up prices.

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