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United Kingdom

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Energy prices to fall for millions of Britons this winter

Energy prices are set to fall for millions of British households this winter after the energy regulator said its cap on the most widely used tariffs would be lowered by about 7.5% from Oct. 1, to their lowest level since the cap began.

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UK COVID lending to businesses tops 50 billion pounds

Banks' lending to businesses under a government-backed COVID-19 loan scheme has exceeded 50 billion pounds, while the cost of supporting furloughed workers has increased to 33.8 billion pounds, weekly finance ministry figures showed.