Europe is facing massive increases in energy bills driven by rocketing gas prices as Russia's move to throttle European supplies amid the war in Ukraine drives wholesale gas prices to record highs.Europe is facing massive increases in energy bills driven by rocketing gas prices as Russia's move to throttle European supplies amid the war in Ukraine drives wholesale gas prices to record highs.
British energy bills will jump 80% to an average of 3,549 pounds a year from October, plunging millions of households into fuel poverty. “The big decisions this government has made on our energy future will bequeath a United Kingdom where energy is cheap, clean, reliable, and plentiful,” Johnson will say. “A future where families and businesses are never again at the mercy of international markets or foreign despots.”