Europe, Global Sentinel

UK households falling behind on energy bills even before huge rise – business live

Consumers owe £1.3bn to energy suppliers, two months before bills are set to jump by more than 80%

Here’s our full story on the meeting between the chancellor and business secretary and energy company bosses tomorrow to discuss measures to tackle the rocketing cost of living. Annual energy bills are forecast to rise above £4,000 in January.

The tax cuts proposed by Liz Truss, the favourite contender to become the new prime minister, are not enough and without more support measures could “leave millions destitute and in danger this winter,” consumer champion Martin Lewis warned this morning.