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Why have energy bills in the UK been rising?

The UK is particularly exposed to the energy crisis sweeping across the world. After predictions that annual household bills were due to rise from around £1,000 to £3,500 in October 2022, the government announced it would provide support for households and businesses. Anna Valero explains why there is now a need to double down on our efforts to build resilience through investment and meet net zero targets.

Anna Valero

20 October 2022

LSE British Politics and Policy

This work is published under POID and the CEP's Growth programme.

This publication comes under the following CEP theme: UK productivity and policy, Clean growth