Energy bills are set to rise again this winter, potentially making it the costliest since 2022, as the Bank of England signals possible interest rate hikes amid soaring inflation from Middle East supply disruptions. Families face a double hit: higher heating costs and possibly pricier mortgages. While rates stayed at 3.75% for now — narrowly avoiding a hike — Governor Bailey warned further increases are likely if inflation worsens. The energy price cap will climb to £1,680 in October, slightly eased by temporary VAT relief. Leaders are under pressure to shield households from this economic squeeze.
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