An expected surge in UK energy prices this winter is being described as a national emergency, posing at least as great a financial threat as the coronavirus pandemic. The upcoming increase is predicted to push a majority of households into fuel poverty, and put a strain on budgets that could hammer industries like hospitality, travel and retail. In Europe, things aren't getting any better. The cost of electricity in Belgium reached a new record on Sunday, thanks to a lack of wind and the expectation of high temperatures next week.

For more, we spoke to Jack Parrock in Brussels.

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