disney now has more subscribers than netflix. but higher prices are on the way. we start here in the uk where energy company bosses are due to meet government ministers in the next few hours as calls grow for more action to tackle soaring energy bills. pressure is mounting on the two candidates who hope to become the next prime minister liz truss and rishi sunak, to set out how they would tackle the crisis amid warnings millions could be forced into poverty without more government support. on wednesday, a survey revealed six million uk households are already in debt to their energy suppliers even before billsjump again this winter. in october 2021, the average energy bill in the uk was £1,200 a year. but the war in ukraine has set wholesale gas and electricity prices soaring. average annual bills are currently close to £2000 pounds. now some experts are warning they could jump to more than £3500 pounds in the autumn and more than £4200 pounds in january. our consumer
there is some limited merit in that, but, you need to be careful here because the more you tax them less likely they are to invest for the future and this is a lot is about, the fact that energy companies haven t actually been investing in upstream oil and gas investment for about five years because of the week prices that we had in the mid 2010 s. and if you tax them now they are more likely to defer their investments and causing an extended period of problems. let s stay with the cost of living because uk hospitality firms are struggling more now than they were during the pandemic. that s according to sacha lord, the mayor of greater manchester s adviser on the night time economy. just as they were recovering from lockdown bars, restaurants and entertainment