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International Business Times UK
International Business Times UK
Business
Jastine Beatrice Yap

Energy Bills In The UK Is Set To Increase By Five Per Cent After Rise In Energy Price Cap

The average annual household energy bill has risen by £94. (Credit: Reuters)

In a blow to consumers across Great Britain, energy bills are set to increase by five per cent following a rise in the energy price cap.

The announcement, made by the regulator Ofgem, has sparked concerns among households already grappling with economic uncertainties and the ongoing challenges posed by the COVID-19 pandemic.

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