Is it even possible to bring down energy bills for good?
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Household energy prices are set to remain high throughout this winter, according to the latest forecasts that were made ahead of today's £221 jump. Ofgem’s price cap has risen by 13%, or £18 a month, from July 1 to £1,862 a year for the average household using both electricity and gas, after the Middle East conflict sent global energy costs soaring. Energy costs rocketed after Iran responded to US and Israel attacks by blocking the crucial Strait of Hormuz shipping route, through which a fifth of the world’s oil and gas is carried. Last month’s interim peace deal has seen the vital route begin to reopen in recent days, which has helped bring down oil and natural gas prices, with the latter being a key driver of power bills in the UK. Daily Mirror Columnist Kevin Maguire and former Conservative Chancellor Kwasi Kwarteng join Ranvir Singh and Ed Balls to discuss the day's news. Broadcast on 01/07/2026 Stream Good Morning Britain live, every weekday from 6am on the ITVX 📲 http://d
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