The UK’s household energy price cap is expected to drop by more than £1,200 in July following a sharp fall in wholesale gas and electricity prices, a move that will bring relief to the government as it tackles the cost of living crisis. The final estimate from investment bank Investec for the price cap in July is £2,044 while it expects the level to fall to £1,933 in October. Consultancy Cornwall Insight, meanwhile, expect the cap to fall to £2,054 … read more »
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