Utility bills for consumers are set to rise over the next ten years as a result of large-scale infrastructure spending, according to a new report from the National Audit Office. But it warns that neither the government nor industry regulators know by how much, or whether the bills will be affordable.
Key markets for utilities and financial services are failing those on the lowest incomes, says a new report. It calculates that higher prices for utilities and credit – the 'poverty premium' – can raise the cost of a minimum household budget by around 10 per cent.