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It is time for a fundamental review of how the UK energy supplier market operates

Flawed policy has made the energy crisis worse in the UK than in other countries – but ministers have so far failed to face up to the issues, writes Ben Chapman

Thursday 23 December 2021 19:44 GMT
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The energy price cap is calculated twice a year based on market rates that are months old, meaning it cannot keep up with rapid price changes
The energy price cap is calculated twice a year based on market rates that are months old, meaning it cannot keep up with rapid price changes (Getty/iStock)

With households facing soaring bills, the government can no longer ignore calls to fix the UK's broken energy market.

The average household is expected to be hit with a £700 increase to its energy costs in April, an amount many will struggle to absorb – particularly at a time of rising taxes, falling state benefits and a struggling economy

The crisis of sky-high wholesale energy prices is a global one, but the UK has been uniquely impacted – a fact that the government has refused to acknowledge.

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