Rachel Reeves could overhaul electricity market to slash bills
Bogdan Hofbauer
Households could be in line for cheaper energy bills under sweeping plans to overhaul the way electricity prices are set - ending a system critics say is “crazy” and costing households billions. Chancellor Rachel Reeves has pledged to break the long-standing link between gas and electricity prices, a move that could shield households from volatile fossil fuel markets. At present, Britain’s electricity market means gas - despite generating less than a third of power - often sets the price for
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