How much energy bills could rise by in 2027 – what we know

• UK household energy bills could rise by over £400 in the new year as ongoing conflict in the Middle East drives up global fuel prices.
• Forecasts from EDF and Bloomberg suggest average annual bills could reach between £2,150 and £2,165, marking a rise of up to 30 per cent.
• The predicted surge threatens to wipe out recent government relief, including prime minister Andy Burnham's temporary VAT cut on energy bills.
• Economists warn that the energy price increase could push UK headline inflation past 4 per cent, worsening the broader economic outlook.
• Chancellor John Healey is facing increased pressure to announce further support measures in his upcoming October Budget.

IN FULL

Energy bills could rise more than £400 next year, new forecasts warn