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Glasgow Live

National

Alexander Smail

Energy price cap will soar to £2,800 in October warns Ofgem boss

Energy bills are expected to skyrocket in October for millions of households across the UK according to regulator Ofgem.

Chief executive Jonathan Brearley is writing to Chancellor of the Exchequer Rishi Sunak forecasting that the cap could rise sharply from the current value of £1,971.

Speaking to the Commons business committee, he stated: “I know this is a very distressing time for customers.

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