The government has been criticized for failing to provide enough support to shield consumers from 'catastrophic' price rises.
"A catastrophe is coming this winter as soaring energy bills risk causing serious physical and financial damage to families across Britain," said Jonny Marshall, senior economist at the Resolution Foundation think tank, ahead of the announcement.
At a leadership hustings Thursday night, Sunak said he would provide further "direct financial support" for vulnerable groups. The opposition Labour Party has said it would freeze the April-to-October cap through winter by extending theon oil and gas companies, scrapping the universal £400 payout and finding other savings to freeze the cap over the winter.
"We know the massive impact this price cap increase will have on households across Britain and the difficult decisions consumers will now have to make," Brearley said. "The new prime minister will need to think the unthinkable in terms of the policies needed to get sufficient support to where it's needed most," said the Resolution Foundation's Marshall.
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