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World

An energy price freeze is a very bad idea

27 August 2022

1:17 AM

27 August 2022

1:17 AM

The confirmation of the huge jump in the Ofgem cap on domestic energy bills in October, and forecasts of even worse to come, have fuelled more calls for prices to be frozen at current levels. This is not a completely daft idea, but it is not a good one either.

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