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UK energy bills to rise after record wholesale electricity prices

Analysis by Imperial College London adds to concerns about more households being pushed into fuel poverty

Household energy bills are to rise after prices on the UK’s wholesale electricity market soared to a record high last month, furthering concerns about more families being pushed into fuel poverty this winter.

The electricity market price passed the £100 a megawatt-hour mark last month for the first time since the market was formed in 1990, according to analysis by Imperial College London.

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