Energy bills are set to soar to more than £3,300 by winter, pushing 'millions into poverty'

Energy bills are set to soar to more than £3,300 by winter, pushing 'millions into poverty'

Household bills are set for a bigger than expected winter shock this year, analysts warned, as consumer champion Martin Lewis said ‘millions’ will fall into poverty.

Energy consultancy Cornwall Insight said the price cap for the average household could go up in January by £360 more than previously thought.

Its experts said bills could rise from today’s record £1,971 to £3,245 in October and then further to £3,364 at the start of next year.

Money Saving Expert founder Lewis said that ‘far more’ help is needed for British families in what’s set to be a ‘catastrophic’ winter.

Experts said the energy cap could go up in January by £360 more than thought (file image)

Families are OFFICIALLY suffering the worst squeeze since records began in 1955 

Families are officially suffering the worst squeeze on record after real disposable incomes fell for the fourth quarter in a row. 

Finances failed to keep up with soaring inflation once again at the start of the year, making it…

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