Ofgem’s bigger than expected £111 rise is third consecutive increase in energy price cap
Business live – latest updatesThe average energy bill for households in Great Britain will rise by £111 from April to £1,849 a year for a typical household, after the energy regulator announced the third consecutive increase in the cap on gas and electricity charges.
The 6.4% rise from April largely reflects an increase in wholesale prices, and was bigger than forecasters had expected.
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