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European gas prices subsequently rose, hitting a two-year high of just over €58 (£48) per megawatt/hour earlier this month. That spike has fed into the latest price cap, which Ofgem sets ... public's ...

Gas and electricity bills will increase again for millions of households on 1 April, when the latest energy price cap takes effect. The annual bill for a household using a typical amount of gas ...

Europe endured a cold and still winter, meaning demand for energy increased while countries were less able to rely on wind power, so they had to draw down more heavily on their gas reserves.