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Ofgem lifts price cap for vulnerable customers
Watchdog Ofgem has lifted the cap on vulnerable customers' energy bills by £47 per year to £1,136.
Ofgem said: "The rise is due to higher wholesale gas and electricity costs since the level was last updated in February.
"This is mostly due to the global rise in oil prices feeding through to wholesale gas prices which impacts both domestic heating and electricity generation."
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