UK energy bills set to hit two-year low. The British energy regulator announced a reduction in prices in April, enough to allow them to return to pre-war levels in Ukraine.

The bill for an average household “will decrease by 12.3%” on April 1, which will result in “a reduction of 238 pounds (278 euros) over the course of a year” The cap on average energy bills had already fallen significantly last year, but Ofgem raised it by 5% for the first quarter of this year.