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Ofgem price cap expected to fall 16% in April

UK
  • This was out a while ago now, but worth flagging up the latest Cornwall Insight estimates project that the Ofgem price cap will fall by 16% in April. The cap applies to the vast majority of UK consumer electricity and gas prices (there are very few who are on fixed rate packages).
  • Note that we will get confirmation of the price cap in around a month's time and the energy prices feed directly into headline CPI.

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