Energy price cap 'costing people money and boosting inflation'

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A new report has urged the government to abolish the cap and return to a retail market 'with competition at its heart'.

has gone"far beyond" its original purpose of providing protection for customers to become a"de facto regulated market price", centre-right think tank the Centre for Policy Studies said.

The report urges the government to move"from a wartime to a peacetime regulatory regime" by abolishing the cap and returning to a retail market"with competition at its heart".

 

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