Twelve energy providers have pulled fixed-rate tariffs and replaced them with more expensive deals since 23 June, in signs that the pound’s fall in the wake of the Brexit vote could push up household bills. Comparison website uSwitch found a dozen dual-fuel deals had been replaced since the referendum, with new offers costing up to £105 a year more for the average customer. It said wholesale energy costs had been rising for the past three months, and that the UK’s position as a net importer of energy meant the falling pound was pushing up prices.
Guardian 12th July 2016 read more »