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Consultancy firm Cornwall Insight says bills could drop by £268 a 16 per cent decrease – in line with the official price cap set by the UK's energy regulator Ofgem.
Data is sign tenants failing to benefit from fall in inflation and lower house prices
The inflation figures have fuelled hopes of cuts in interest rates
Threadneedle Street must change tack to avoid tipping the economy into recession
Inflationary pressures have not gone away, but the Monetary Policy Committee is now risking an overcorrection