Cornwall Insight predicts rise in price cap of nearly 13% in Great Britain as Iran war pushes up gas costs Business live – latest updates Energy bills for households in Great Britain could increase by more than £200 a year to almost £1,900 from this summer in “a kick in the teeth” for millions struggling with the cost of living crisis. A typical gas and electricity bill is forecast to reach £1,850 a year from July under the industry regulator Ofgem’s quarterly price cap, according to analysis by the energy consultancy Cornwall Insight. Continue reading...