Britain's energy price cap to rise 16% in January, Cornwall Insight says

Britain's energy price cap to rise 16% in January, Cornwall Insight says

Britain's quarterly domestic energy price cap is ​forecast to rise by about 16% ​in October, analysts at Cornwall ‌Insight said ​on Wednesday, as the conflict in Iran continues to keep wholesale energy prices high.

($1 = 0.7536 pounds)

(Reporting By Susanna Twidale; ​Editing by Aidan Lewis)

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