Increase of just over £35 a year follows brief summer reprieve when cap fell because of lower market prices

Business live – latest updates

Energy costs will rise for millions of British households this autumn after the price cap for a typical annual dual-fuel bill increased by 2% to £1,755.

The energy regulator for Great Britain, Ofgem, will raise the cap on gas and electricity charges from October by the equivalent of just over £35 a year for the average home, following a rise in European gas prices.

Continue reading…Energy bills, Ofgem, Energy industry, Business, Consumer affairs, Household bills, Money, UK news, LabourRead More

You might also be interested in reading Want to Track the Speculative Frenzy in Bitcoin Market, Here’s How.