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Evening Standard
Evening Standard
World
Michael Howie

Energy bills: Eye-watering price cap forecasts are cut as wholesale costs fall...but worse still to come

Households have been given a rare dose of good news on energy bills after tumbling wholesale costs sparked hefty cuts to the latest estimates of next year’s price cap.

But the respite is expected to be brief, with prices in wholesale markets already rising again and no sign of a permanent solution to the energy crisis.

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