Energy Prices Rising Faster Than Predicted, UK Regulator Warns

Energy Prices Rising Faster Than Predicted, UK Regulator Warns
File photo showing a gas stove. John Stillwell/PA
Alexander Zhang
Updated:

Energy prices have been rising faster this year than previously predicted, the chief executive of Britain’s energy regulator Ofgem has said.

Speaking to the Public Accounts Committee in the House of Commons on July 11, Jonathan Brearley said that energy prices appear higher than when Ofgem made its estimate.