UK to rise energy price cap by 1.2 pct

LONDON, Nov. 22 (Xinhua) -- The United Kingdom's (UK) energy price cap is set to increase by 1.2 percent from January to March 2025, the UK's energy regulator announced on Friday.

This adjustment is expected to add approximately 21 pounds (26 U.S. dollars) annually, or 1.75 pounds monthly, to the average household energy bill, said the Office of Gas and Electricity Markets (Ofgem).

For households paying b