Ten Things You Need to Know Today: 18 October 2022

The Week’s daily digest of the news agenda, published at 8am

1. Energy bills ‘to hit £4k’

The average annual energy bill will rise to more than £4,000 from April after Liz Truss’s latest U-turn, according to the consultancy Cornwall Insight. The leading energy forecaster said the price cap for a typical dual-fuel tariff will now be £4,347 in six months’ time if the government does not offer special support. The chancellor, Jeremy Hunt, said the universal energy price guarantee will finish next April, with a review being launched on how to then support bills after this period.

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