![Pinterest](https://pinterest.com/pin/create/button/?url=https://uknews.evprotec.com/energy-bills-to-soar-by-600-as-jeremy-hunt-warns-youll-make-sacrifices/&media=https://uknews.evprotec.com/wp-content/uploads/2022/11/2_Sunday-with-Laura-Kuenssberg.jpg&description=The Energy Price Guarantee will be slashed from April 1 as the Chancellor Jeremy Hunt refuses to rule out a new era of austerity - and says 'we will be asking everyone for sacrifices' in his Autumn budget statement'We will be asking everyone for sacrifices,' Jeremy Hunt warned Energy bills will soar for millions of families from April after Jeremy Hunt warned there will be 'sacrifices' and 'constraint'. The Chancellor warned he will make 'difficult decisions' about the 'very, very expensive support' for bills in his Autumn Statement this Thursday. He added he won't be offering 'motherhood and apple pie' or "cakeism" - an accusation he laid at Boris Johnson 's door. The Energy Price Guarantee is capping household bills at an average of £2,500 between October 1 and March 31 - at a cost of £60billion to taxpayers. But the Chancellor will slash this - and today it emerged he could spend £20billion for the following six months. Treasury officials have discussed a scenario where average annual bills go up from £2,500 to between £2,850 and £3,100, the Sunday Times revealed. The Energy Price Guarantee is capping household bills at an average of £2,500 between October 1 and March 31 - but it'll then be slashed back ( Getty Images/iStockphoto) That could mean a £600 a year rise on current bills - and a rise of nearly £2,000 a year since mid-2021, when the average bill was £1,277. Mr Hunt told Sky's Sophy Ridge on Sunday: 'We don't want anyone not to be able to afford to heat their home over this winter or indeed future winters. "But in the long run, what you need is a plan that means we don't need to have to give very, very expensive support as taxpayers.' He said his plan announced in Thursday's Budget statement 'will continue to support families' but it will not be 'uncapped' or 'unlimited'. He added: 'There has to be some constraint'. The Chancellor warned 'we're all going to be paying a bit more tax ' as he eyes up £33bn a year of spending cuts and £21bn a year of tax ris){kind=link}
The Energy Price Guarantee will be slashed from April 1 as the Chancellor Jeremy Hunt refuses to rule out a new era of austerity – and says ‘we will be asking everyone for sacrifices’ in his Autumn budget statement
Energy bills will soar for millions of families from April after Jeremy Hunt warned there will be “sacrifices” and “constraint”.
The Chancellor warned he will make “difficult decisions” about the “very, very expensive support” for bills in his Autumn Statement this Thursday.
He added he won’t be offering “motherhood and apple pie” or “cakeism” – an accusation he laid at Boris Johnson ‘s door.
The Energy Price Guarantee is capping household bills at an average of £2,500 between October 1 and March 31 – at a cost of £60billion to taxpayers.