UK energy bills to rise by 1.2% to £1,738 starting January

The average annual energy bill in England, Scotland, and Wales is set to rise by 1.2%, increasing to £1,738 from January 2024. The energy regulator, Ofgem, announced a £21 yearly increase, reflecting the quarterly price cap adjustment for gas and electricity. The hike follows a 10% rise during the October-December period when the cap was […]