U.K. Energy Companies Warn Of Massive Energy Price Increases Later This Year

The bosses of the UK's largest energy companies urged Chancellor Rishi Sunak to offer further help for hard-pressed Britons ahead of another expected hike in bills  

Daily Mail: Energy bosses warn 'truly horrific' October price rise could see some paying as much as £1 in £6 on bills - as they demand 'massive' package of support from Rishi Sunak including slashing green levies and VAT 

* The UK's largest energy companies urge ministers to offer more help for Britons 

* They warn of a 'truly horrific' situation in October when bills are set to soar again 

* MPs are told the worst-hit could pay as much as £1 in every £6 on their bills 

* Rishi Sunak is told to scrap green levies and reduce VAT on energy to zero 

Energy bosses today demanded Chancellor Rishi Sunak offer 'unprecedented' help for Britons as they warned of a 'truly horrific' situation this autumn - as one even suggested the poorest should get £1,000 slashed from their energy bills. 

Households, who have already seen a huge rise in their bills this month, are braced for another massive hike in October due to the ongoing energy crisis. 

Appearing before MPs today, the bosses of the UK's largest energy companies urged the government to prepare for yet another shock increase by offering further support to hard-pressed Britons.  

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Update: UK energy CEOs urge government action on 'horrific' price surge (Reuters)  

WNU Editor:And these projections are based on no disruption in current Russian energy exports to Europe.