UK Energy Price Cap Seen Surging 13% in Biggest Gain Since 2023

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Bloomberg Green 3 days ago • bloomberg.com

UK Energy Price Cap Seen Surging 13% in Biggest Gain Since 2023

The UK’s cap on household energy bills is set to jump 13% this summer as the war in Iran drives up wholesale gas and power costs, adding to broader inflationary pressures weighing on the economy.

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