Pensioners to be 'hit hardest' by rising energy bills as millions at risk of Iran-US war cost 'spike'

Pensioners are forecast to be "hit hardest" by the likely spike in energy bills as a result of the ongoing US Iran war in the Middle East, analysts warn. Sir Steve Webb, a former pensions minister and partner at law firm LCP, is sounding the alarm over the projected jump in energy prices later this year. Britain s most financially stretched households dedicate roughly 11 per cent of their total expenditure to gas, electricity, and other fuel costs, according to the Government s Living Costs and

0 views
Share:
Pensioners to be 'hit hardest' by rising energy bills as millions at risk of Iran-US war cost 'spike'

Pensioners are forecast to be "hit hardest" by the likely spike in energy bills as a result of the ongoing US Iran war in the Middle East, analysts warn. Sir Steve Webb, a former pensions minister and partner at law firm LCP, is sounding the alarm over the projected jump in energy prices later this year. Britain s most financially stretched households dedicate roughly 11 per cent of their total expenditure to gas, electricity, and other fuel costs, according to the Government s Living Costs and

Tags

aitechnologypoliticsscienceworldpensionershardest'risingenergybills