UK Household Energy Debt Hits Record £6bn, Set to Reach £7bn by Winter

UK Household Energy Debt Hits Record £6bn, Set to Reach £7bn by Winter

British households owe a record £6bn in unpaid energy bills, up about £500m in a year, according to trade body Energy UK. Even that figure reflects the low-demand summer months. The group expects debt to hit £7bn by year-end, as October's price cap — the regulator's ceiling on default tariffs — rises to a three-year high just as winter consumption climbs.

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