Household costs could reach £1,800 a year from July as UK market hits three-year high

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Household energy bills could climb by £160 a year from this summer after the war in Iran pushed the UK’s gas market to a three-year high.

A typical combined household gas and electricity bill could reach £1,800 a year in Great Britain under the government’s quarterly price cap from July, according to analysis by Cornwall Insight, an energy consultancy.