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A new energy shock could trap UK households in a cycle of debt

Press/Media: Expert Comment

Description

The Iran war risks triggering a new energy crisis. Erhan Kilincarslan and Giray Gozgor argue that despite some positive short term interventions by the Government, the long term picture for British households looks bleak. Energy price caps merely delay the problem, rather than solve it.

Period22 May 2026

Media contributions

1

Media contributions

  • TitleA new energy shock could trap UK households in a cycle of debt
    Degree of recognitionNational
    Media name/outletLSE British Politics
    Media typeWeb
    Country/TerritoryUnited Kingdom
    Date22/05/26
    DescriptionThe Iran war risks triggering a new energy crisis. Erhan Kilincarslan and Giray Gozgor argue that despite some positive short term interventions by the Government, the long term picture for British households looks bleak. Energy price caps merely delay the problem, rather than solve it.
    URLhttps://blogs.lse.ac.uk/politicsandpolicy/a-new-energy-shock-could-trap-uk-households-in-a-cycle-of-debt/
    PersonsErhan Kilincarslan, Giray Gozgor
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