Black Thursday £693 blow to families as energy cap is increased to nearly £2,000

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Black Thursday £693 blow to families as energy cap is increased to nearly £2,000
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BREAKING: Millions face higher energy bills as price cap rises by £693

Tens of millions of homes across Britain face paying hundreds of pounds more for gas and electricity from April.

It follows months of rising wholesale energy prices that have pushed dozens of energy companies out of business. Ofgem adjusts the level of the cap up or down twice a year to reflect the costs of supplying electricity and gas for suppliers.

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