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27th Oct 2022 16:02U.K., Daily Monitor

  • Wholesale prices imply it would cost £65B to maintain the Energy Price Guarantee from Q2 until Q3 2024.
  • Simply removing it, however, would inflict a near-3% income blow on households in April; that's not realistic.
  • Scrapping standing charges would limit prices, cap the Treasury's exposure, and encourage energy efficiency.

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energy government households income q2 q3

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Keywords for: 28 Oct 2022 UK Monitor

energy, government, households, income, q2, q3, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence