than £300 a year, or 16%. just a reminder, 0fgem sets this cap every three months, it s the maximum suppliers can charge per unit and these figures represent a typical bill. if you use more, you pay more. let s speak to dr craig lowrey from cornwall insight hejoins is from norwich. given what s going on in the red sea, why are we not going to see a spike? certainly, the situation that we haveis certainly, the situation that we have is that the uk market and the european market is being relatively well supplied by liquefied natural gas from america, coming straight across the atlantic and as a consequence, what is occurring in the red sea is not currently affecting uk or european supplies. energy plays quite a big role in inflation this looks like the cost of living could really start to ease for people? what we saw when the price cap fell previously, there was the consequential drop in inflation so one can expect that would happen again and we would see energy bills feed
from £1,900 a year or so tojust £1,620 from april. that s a fall of more than £300 a year, or 16%. just a reminder, 0fgem sets this cap every three months, it s the maximum suppliers can charge per unit and these figures represent a typical bill if you use more, you pay more. we spoke to dr craig lowrey from cornwall insight and asked him why the situation in the middle east isn t pushing up energy prices. the situation we have is that the uk market and indeed the european market is being relatively well supplied by liquefied natural gas cargoes from america, so that is just coming straight across the atlantic and, as a consequence, what is occurring in the red sea isn t currently affecting uk or european suppliers. energy, of course, plays a big role in that basket of goods that adds up to inflation. this good news obviously, does this look like the cost of living is starting to ease now? can i tell my wife she can put the heating back on? well, certainly what we saw wh