UK energy prices show sharpest rise in Europe
It has been revealed that UK energy prices have risen more than double that of any other European country over the last 12 months. This is yet another blow to the UK consumer who has seen prices continue to rise even though the underlying price of oil has fallen sharply over the last few weeks. There are grave concerns that with Christmas approaching many people will be forced to reduce their heating expenditure at a time when it has never been more vital.
Even though the UK government has promised time and time again that they will do what they can to ensure that consumers are not literally taken to the cleaners we have yet to see any real results on this front. The fact that costs associated with the UK market have risen at a rate double that of any other European country is a major concern for many consumer groups. Quite what the government will do in the short term is debatable as false promises have been delivered time and time again with no end result.
Unless the authorities are very careful there will be a major backlash when the next general election is announced.
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