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British energy price cap to rise 4% as Iran war pushes up costs

Cyprus Mail 26 August 2026, 13:50
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British energy price cap to rise 4% as Iran war pushes up costs
Most British households will see their energy bills rise from October after energy regulator Ofgem announced a 4 per cent hike in its domestic price cap as the war in Iran pushes up wholesale costs. The rise will be a blow to the new Prime Minister Andy Burnham, who has pledged to ease cost-of-living pressures, […]