the latest figures suggest the annual fuel bill for an average household is set to rise to more than £3,500 in october and thenjump to more than £11,600 injanuary. these are predictions, and changes in the markets can affect these numbers. some economists are also forecasting that inflation, which is nowjust over 10%, could reach as high as 18% which will hit household budgets even harder. the economy will be a huge challenge for whoever becomes the country s new prime minister, two weeks today. here s our business correspondent caroline davies. pulling pints is no longer enough to pay the bills for karen. she works full time in a pub. she lives alone in a one bedroom bungalow. she is already £1000 in debt because of energy costs. it terrifies me. you cannot find extra money. you haven t got it so i don t know what happens. i don t know where to go and what to do. someone who was working a0 hours a week shouldn t be able to not turn the heating on. energy bills are exp
(Bloomberg) Bundesbank board member Sabine Mauderer stepped uneasily from side to side as she waited to speak.Most Read from BloombergApple to Wind Down Electric Car Effort After Decadelong OdysseyHow Much Wealth You Need to Join the Richest 1% Around the WorldOffice Tower Deal for $1 Reveals Anxiety Among Longtime BuyersA Spike in Heart Disease Deaths Since Covid Is Puzzling ScientistsNvidia’s $70 Million Florida Supercomputer Hobbled by DeSantis LawFrom the stage she could watch the crowds
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