UK lowers energy price cap

Utilities in the UK can look forward to coming under even more pressure from October when the country lowers its price cap by 6 percent.
Photo: Jens Henrik Daugaard/JPA
Photo: Jens Henrik Daugaard/JPA
BY VIKTOR BRANDT KÆRGAARD

As of October, the UK's price cap on gas and electricity will move down a notch, informs the Office of Gas and Electricity Markets (Ofgem) in a statement.

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