Wholesale gas prices surged to a record 400p yesterday - a 37% increase in 24 hours and 600% up on January - but dropped to around 274p after the Russian President s intervention.
Rising inflation driven by labour shortages, growing energy costs, a lack of HGV drivers and gaps in global supply chains are contributing to the soaring energy prices Britons are experiencing.
Families who have already endured Covid-caused uncertainty over last 18 months now face a triple-blow of rising energy bills, soar food prices and tax hikes.
Millions face a squeeze thanks to inflation driven by labour shortages, rising energy costs, a lack of HGV drivers and gaps in supply chains - but the PM dismissed cost of living fears.
Energy bills are rising, food prices are set to soar, and tax hikes will soon start to bite. Our poll reveals that ne in two households have started making cutbacks due to concerns over the rising cost of living.