Good Morning Britain was interrupted for a breaking news update, with presenters Richard Madeley and Ranvir Singh telling viewers that Ofgem has announced a 4% rise in the energy price cap from October. The change means typical household bills will rise to £1,723 a year – a three-year high – delivering a fresh blow to Prime Minister Andy Burnham as he faces mounting pressure to ease the cost-of-living burdens facing Brits.
Cap at highest level since 2023
Richard said: "This means that the cap is now at its highest level since the summer of 2023."
The presenters were joined by money saving expert Martin Lewis, who explained in further detail what Ofgem's announcement means. He said: "This is a 3.6 per cent rise over the crucial start of the winter period."
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