UK Energy Bills Set to Decrease This Summer ...Middle East

OILPRICE - Economy

UK households are set to see a modest drop in their energy bills this summer, after regulator Ofgem revealed a seven per cent cut to its quarterly price cap – the first reduction in a year. The announcement will bring the average annual bill for a typical household in the UK down from £1,849 to £1,720 between the months of July and September. Offering short-term relief to consumers grappling with persistently high living costs, the move comes as a modest win for Keir Starmer’s government, which has faced growing pressure…

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