U.K. Gives Itself 3 Months to Find Fix for Energy Price Rise
- Suppliers met with Business Secretary Kwarteng on Wednesday
- Ofgem is due to announce a price-cap increase in February
This article is for subscribers only.
Follow us at @BloombergUK for the latest news and analysis.
The U.K. government is giving itself until April to find a solution to soaring gas prices since that’s when consumers would start feeling the bite of a new cap on utility bills.