Johnson, who believes that Russia’s invasion of Ukraine scared the energy markets, assessed that the United Kingdom will come out of the crisis stronger and prosperous.
The prime minister, who will leave office next week when the Conservative Party elects his successor, has promised that whoever replaces him will announce new financial support measures for his fellow citizens, the Sputnik news agency reported.
Previously, the British energy regulator, Ofgem, had announced an 80% increase, or $1,851, in the maximum allowable electricity bill for consumers from October 1, due to rising global energy prices.
The regulator also estimated that gas and electricity rates could continue to increase “considerably” in 2023, exceeding $5,900.
Ofgem chairman Jonathan Brearley has warned that energy prices are likely to rise further and called on the UK’s future prime minister to take further action to combat rising prices.
According to the Which Group, a leading consumer advocacy group, the government will need to extend the discount on its gas and electricity bills by at least 150% or risk millions of households falling into financial difficulties this winter.
Source: Ambito
David William is a talented author who has made a name for himself in the world of writing. He is a professional author who writes on a wide range of topics, from general interest to opinion news. David is currently working as a writer at 24 hours worlds where he brings his unique perspective and in-depth research to his articles, making them both informative and engaging.
