Many Canadians have been struggling with inflation and the problem isn’t just in this country – it is worldwide. In Europe, the biggest problem is the rising cost of energy as a result of Russia’s war on Ukraine. Electricity bills in the U.K. could see a staggering four-fold increase. Redmond Shannon explains what the government plans to do to lessen the blow.
- U.K. recession will wipe out 8 years of living standard growth, budget watchdog says
- Energy prices soar in Britain. Can Canadians expect to pay more too?
- Great Britain faces 80% price hike in energy bills amid crisis