New UK cost of living crisis looms with soaring energy bills forecast to lift inflation

Business · en

New UK cost of living crisis looms with soaring energy bills forecast to lift inflation

The Guardian · Aug 16, 2026, 8:42 AM UTC

Latest reading on Wednesday likely to frame scale of challenge for new PM to ease pressures on households amid Iran war fallout British households are facing a renewed cost of living squeeze, with official figures expected to show this week that soaring energy bills drove up inflation in July to close to 3%.…

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