Energy bills could fall sharply this summer, saving families the equivalent of £500 a year, according to new analysis. The drop would be the first since the energy crisis triggered by Russia’s invasion of Ukraine and reflects a dip in the wholesale cost of gas and electricity. Analysis by investment bank Investec suggests the tariff and average annual bill is likely to come down from the current price cap figure – which works out at £2,500 a year – to … read more »

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