Energy retail
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October price hike expected to leave 14.5m unable to pay bills
New research from Citizens Advice has suggested 14.5 million people – more than a quarter of adults - will be unable to afford their energy bills if the price cap exceeds £3,000 in October. The figure was extrapolated from a representative survey of 6,000 people, which indicated 5 million people will already be unable to pay their bills once the new record-high price cap comes into force next month.
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