UK energy bills forecast to see biggest rise in four years as cost of living 'hits households hard'

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British households face the steepest energy bill increase in four years, with forecasters at Cornwall Insight projecting a 16 per cent jump that would push the average annual dual fuel bill to £1,999 from January 1.The predicted rise of £276 compared with the October-to-December quarter would mark the sharpest increase since January 2023, driven primarily by the ongoing conflict in the Middle East.The forecast lands just hours before Ofgem's latest price cap adjustment takes effect on Thursday, bringing a four per cent uplift that will take the typical annual bill for households in England, Scotland and Wales to £1,723.For those paying by direct debit, the change translates to roughly £5 extra per month, or £60 over a full year at the new rate.More than four million homes still on standard variable tariffs will feel the impact immediately, with the timing unwelcome as temperatures drop and millions begin firing up their central heating for the first time this season.Average household...

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