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UK household energy bills to fall after Ofgem lowers price cap 7pc

FT.com Friday, 23 May 2025 ()
Boost to Sir Keir Starmer’s government as it tries to tackle high cost of living
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Video Credit: ODN - Published
News video: Energy bills to drop in July after Ofgem decreases price cap

Energy bills to drop in July after Ofgem decreases price cap 00:36

Household energy bills will drop by 7% from July, the energy regulator Ofgem announced on Friday. Ofgem's announcement is the first drop in the energy price cap for more than a year. Energy secretary Miatta Fahnbulleh welcomed the announcement, saying: "Bills going down will be a big relief for...

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