British Gas Debt Warning: Why A £7bn Energy Bill Problem Is Hitting UK Households Now
The UK government’s proposal to write off up to £500 million in energy debt for vulnerable households hasn’t started yet. That delay leaves ministers under pressure, with industry projections showing consumer arrears heading toward £7 billion—roughly $9.5 billion—by the end of the year. Officials say they’re still working through data-sharing requirements for the scheme. Ofgem, for its part, says the final call belongs to ministers.