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Labour to call for energy price cap freeze ahead of October increase

Labour to call for energy price cap freeze ahead of October increase

will call for the energy price cap to be frozen at its current levels on Monday as the cost-of-living crisis continues to bite in the UK.

The move would block an expected increase to £3,300 in October, keeping the price cap at £1,971.

A think-tank has warned households on low incomes will have to reduce their spending power by three times as much as high income households in order to afford their energy bills this…

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