Tony Jordan, director of the energy consultancy Auxilione, says the design of the UK’s energy price cap is now in question, as costs are set to soar in the coming months. It estimates the average annual household bill will surge past £5,000 next year. Jordan told Bloomberg’s Stephen Carroll and Tom Mackenzie that massive borrowing would be needed for further government subsidies.
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12 August 2022
Auxilione’s Jordan: Design Of Energy Cap In Question (Audio)