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good afternoon, and welcome to bbc news. millions of households are now facing much higher power bills. businesses and analysts are warning that the sharp rise in energy prices will lead to households paying more for builds and everyday products. the boss of supermarket iceland said price rises were now inevitable, the business secretary has said uk gas supplies would be sufficient this winter, but acknowledged that more energy firms would fold in the coming months. kwasi kwarteng told energy providers that developing renewable sources will be the only way to protect against soaring gas prices long term as our personal finance correspondent kevin peachey reports. just like the season s weather, bill payers are being warned the worst is yet to come. a host of energy companies have collapsed in recent weeks. their customers moved to a new supplier are already having to pay hundreds of pounds more a year than they expected. a price cap does protect millions of people from
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