Financial Times: Brits will celebrate Christmas without food or heating

MOSCOW, August 26 – PRIME. Many people in Britain will have to choose between heating and food this year at Christmas, which is celebrated in late December, due to rising energy prices, the Financial Times reports.

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1 FT: Bus fares could rise significantly in Britain

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FT: Bus fares could rise significantly in Britain

Earlier, UK energy regulator Ofgem announced an 80% increase in the maximum allowable energy bill to £3,549 a year from 1 October 2022.

The sad confirmation of an 80 percent increase in maximum energy bills since October will force many to choose between heating and eating at Christmas. For businesses, many of which may face a quadrupling in bills, the solution may lie between job cuts or closures. .

It is noted that companies will need to choose between laying off employees or closing branches or stores. It is also expected that against this background, rising unemployment in the country will exacerbate the situation of many families.

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According to the newspaper, the UK government should consider alternatives to fossil fuels, in particular adapting to the use of solar, wind and nuclear energy, as well as allocate billions of pounds in public support, in particular for the most vulnerable households and companies.