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FTSE 100 Live 23 August: Ofgem price cap rises, index seen higher despite US slide

By Yahoo! Finance   |   Aug 23, 2024 at 02:25 AM EST
FTSE 100 Live 23 August: Ofgem price cap rises, index seen higher despite US slide

Ofgem raised the energy price cap by 10%, resulting in an increase of £12 per month for an average household. International energy market prices are up due to geopolitical tensions and extreme weather.

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