The UK government believes it has until April to find a solution to ease the burden of surging natural gas and energy prices on utilities and households, although no immediate fixes have been adopted. As a result of the energy crunch, households in the UK will face much higher electricity prices beginning in April, as the government prepares to raise the so-called cap on utility bills. The UK’s energy regulator Ofgem is expected to announce the new price cap on energy prices in early February, but the effect on household bills will be felt as of April 1. The UK government believes it has two more months after February to assess whether some consumers will need assistance or relief to blunt the impact of the surge in energy bills, a source with knowledge of the matter told Bloomberg . Earlier this month, 20 Conservative Members of Parliament and peers […]