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The Independent UK

Alex Daniel

Energy price cap set to fall in July as Trump tariffs bring unexpected effects

Donald Trump Craig Lowrey Pope Francis United Kingdom United States Cornwall Insight Ofgem

Forecasters said they expect regulator Ofgem to reveal that the typical household energy bill will fall by 9% (Jacob King/PA) - (PA Wire)

Energy bills may soon begin to drop in the UK as a trusted energy consultancy forecasts that the fallout from US president Donald Trump’s trade tariffs bring an inadvertent positive impact.

This is because the controversial move has seen gas prices decrease in Europe, Cornwall Insight, with fears of weaker economic growth across the globe which meaning less demand for oil and gas.

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