UK Household Energy Bills Forecast to Jump 25-30% in Q1 2027 on Soaring Gas Prices

EDF forecasts UK household energy bills could rise 25-30% in Q1 2027, following a 4% increase in Q4 2026, driven by surging natural gas prices amid the Middle East crisis. The forecast signals sustained inflationary pressure and potential fiscal strain on UK cost-of-living support measures. Uncertainty remains over the trajectory of gas prices and the extent of government intervention.