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World

Energy prices are coming down, but they should be cheaper

25 August 2023

7:29 PM

25 August 2023

7:29 PM

It is hard to remember that this time last year soon-to-be prime minister Liz Truss was on the verge of compromising her free market principles by dreaming up a scheme for the state to make an open-ended commitment to subsidise the energy bills of every household in Britain. At the time, there were dire predictions that households would be swamped by energy costs, forecasts for which were rising by the day.

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