Despite Reduction in Ofgem Price Cap, UK Energy Bills Expected to Increase
Ofgem, the UK’s energy regulator, is expected to announce that it will lower its cap on how much energy suppliers can charge by about GBP1,000. However, analysts predict that prices will still rise by GBP500 on average. According to the most recent forecast from energy consultancy Cornwall Insight, Ofgem is anticipated to announce that it […]
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