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Evening Standard
Evening Standard
World
Sami Quadri

Treasury drawing up new scheme to ‘cut energy costs by £400’

Chancellor Nadhim Zahawi (PA)

(Picture: PA Wire)

Plans to cut household energy bills by an extra £400 this winter are being drawn up at the Treasury, reports claim.

Chancellor Nadhim Zahawi, has asked officials to draw up a multibillion-pound package to reduce the price cap from January with Cornwall Insight predicting it will reach £4,266 by the beginning of next year.

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