Analysts claim Co-op move to raise bills in October by up to £70 is due to rise in gas import costs driven by slump in pound after EU referendum
Energy experts are warning that household energy prices could be about to rise for the first time in two years, driven partly by higher import costs following the Brexit vote.
The Co-op started the ball rolling when it told some of its 500,000 energy customers that, from 1 October, it would be raising bills by between 3% and 6% – the latter equating to a potential rise of almost £70.