UK Energy Bills Could Jump 25-30% From January as Gas Prices Soar

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The UK household energy bills could jump by between 25% and 30% in the first quarter of 2027 amid surging natural gas prices as the Middle East crisis drags on, analysts say, warning that the government may have to spend more money on measures to ease the cost-of-living crisis. Household energy bills will rise by 4% from October for the fourth quarter of this year. But the jump for the first quarter of 2027 could be as high as 30%, according to a forecast by France's EDF, one of the biggest energy providers in the UK, cited by the Independent.…