Energy Price Cap Could Turn Living Crisis Into Full‑Blown Disaster, warns GMB Union
GMB Union has issued a stark warning: if the energy price cap climbs to the predicted £2,800, the looming cost‑of‑living squeeze could quickly spiral into a catastrophe, especially for low‑wage workers.
What Ofgem is Saying
Jonathan Brearley, Ofgem chief executive, told MPs that the regulator anticipates a cap of around £2,800 for October.
GMB’s Concerns
- “If Brearley’s forecast is accurate, this massive jump will plunge millions — from carers and school staff to NHS and retail workers — straight into fuel poverty.”
- “Meanwhile, the Chancellor and Prime Minister appear immobile, caught up in their own back‑and‑forth.”
- “Exactly when decisive leadership is needed, the current administration just can’t keep its eyes on the road.”
Why This Matters
The forecasted cap hike means households could see their energy bills hike out of proportion, making it harder to afford everyday essentials. For many, this could mean living on the brink of financial ruin.
GMB urges policymakers to act swiftly and ensure the cost of living crisis does not turn into an unmanageable disaster.
