Book your ticket to happiness with Sun Express Airlines. Hello and welcome to the spike podcast I'm Fraser Myers and back with me this week we have spikes editor Tom Slater

Hello and spike columnist Ella Wielin.

Hi. Coming up on today's show we'll be talking about the cost of living big tech

versus Andrew Tate, the madness of Emily Maitless, and we'll be asking who exactly

is Alexander Duggan.

So this is the week we've all been dreading. The energy price cap is due to be raised tomorrow from when we're recording this

but we're expecting bills to go up by something like

80% on last year possibly 3,500 pounds a year something like that.

Potentially next year they could rise to 4.5, pounds, some predictions saying even 6,000 pounds later on in the year.

Inflation is around 10%, we're expecting inflation to reach 18% early next year. I mean Tom this is a serious

serious crisis now. It is it feels like you know we're recording this the day

before the announcement and it does feel a bit like the calm before the storm.

So I don't think many people in politics have fully

grappled with the scale of what's coming down the track. It's going to not only be a

huge blow to people's living standards, you know, as estimates has been

pushed like half of households into fuel poverty. I mean this stuff is

completely unprecedented. And yet there's not necessarily kind of full

appreciation of how severe that's going to be and also how long it's going to go on for.

I mean there was always this kind of assumption that was kind of transitory. I mean we were told the

inflation originally was transitory and that was obviously not turn out to be the case. There was this hope that in terms of the spikes and energy

costs that again this would be something that would come and go be alleviated either because of what goes on in Ukraine or because

more would kind of come on stream. but it's looking like inflation is going to get

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