Chancellor blames China and weather for rising energy prices

2022-06-17 0 By

A surge in Chinese demand for natural gas, pushing up global prices, and a colder than usual winter in the UK are behind record energy prices in the UK, chancellor of the exchequer John Sunaker said yesterday.The government announced on The same day that the price of energy used by British households will rise by up to 54% from April.Mr Sunak then announced a £9bn government compensation scheme.He also stressed that the big price rises were being driven by factors beyond the government’s control.Disclaimer: This article is reproduced for the purpose of conveying more information.If the source is wrong or violated your legitimate rights and interests, please contact the author with proof of ownership, we will promptly correct, delete, thank you.Email address: