Fuel poverty is spreading around the UK
It has been reported that at least a further 1 million of the UK population have slipped into fuel poverty, which basically means that they spend more than ten percent of their income on gas, electricity, etc. This now brings the total figure up to a shocking 3.5 million and blows wide open the government's argument that they have been doing all that they can to assist the worse off in society. So what next?
This figure of 3.5 million in the UK, and growing, is a little surprising when you consider that the price of oil has fallen dramatically over the last few weeks. You may recall that when the price of oil was rising the energy companies were attaching themselves to the rise but when the price came down they went very quiet.
We have yet to see a like for like move downwards in fuel costs across the UK and while the authorities have suggested that they will look into this nothing has been done as yet. Indeed if the forecasts for the winter period are correct we could see the price of electricity and gas move markedly higher over the next few weeks and months.
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