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UK households to see 15 drop in energy bills after 'long-awaited' announcement

Summary by Ground News
UK households should see their energy bills fall soon in some long-awaited good news amid the cost-of-living crisis. Ofgem will announce its latest price cap on Friday, with energy consultancy Cornwall Insight predicting the regulator will lower it by around £293 a year. Just last week there was uproar after British Gas announced its profits increased 10-fold to £750m in 2023.

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