Average energy bill in Great Britain to fall 9% as Trump tariffs hit gas prices

The lower energy costs are likely to be welcomed by bill payers after energy debts across the country climbed to a record high of £3.8bn. Photograph: Dunca Daniel Mihai/Alamy

Donald Trump’s trade war means lower energy bills for British households, according to a leading forecaster, after the economic shock waves triggered by US trade tariffs caused global gas market prices to slide.

Cornwall Insight predicts the UK government’s cap on energy bills will fall by 9% from July, or £166 for the average household annual bill.