Martin Lewis Clarifies Confusion Over Fixing Energy Bills and Price Cap
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#5eb626c0 ver:1.33

Money-saving expert Martin Lewis clarifies confusion over fixing energy bills and the price cap. The energy price cap will decrease by 7% from July 1, but predictions suggest it may rise by 12% from October 1. Lewis advises customers to consider fixing their energy bills based on predictions for the year ahead. Inflation in the UK fell to 2.3% in April, the lowest level since July 2021, driven by a decrease in the cap on household energy bills. The Bank of England is considering rate cuts to stimulate economic growth. Chancellor Rishi Sunak sees the drop in inflation as proof that his economic plan is working. Household energy bills in the UK are set to fall by £122 a year. The Bank of England's decision on rate cuts will be influenced by various factors, including inflation trends and the impact of government policies. #EnergyBills #PriceCap #Inflation #RateCuts #EconomicGrowth...

#newstr #MartinLewis #EnergyBills #PriceCap #Ofgem #MoneySavingExpert #FixedDeals #CornwallInsight 

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