Stocks fell on Wall Street as US Federal Reserve chair Jerome Powell gave a hawkish address at the Jackson Hole economic policy symposium in Wyoming.
A 80% jump in Ofgem’s energy price cap today lifted the typical annual household bill to £3,549 from 1 October.
The cap impacts around 24 million households and will remain in place until 31 December, when it is likely to be revised higher amid surging wholesale costs.
