Government will consider capping prices on energy bills in policy U-turn

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Government will consider capping prices on energy bills in policy U-turn
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The government will reconsider placing a price cap on energy bills in the new year, the Business Post has learned, despite having previously warned that doing so would represent a risk to the economy.

The move could cost billions of euro, but has become a more attractive prospect after Germany pushed ahead with its

own year-long price cap, which will give a guaranteed price to households and businesses for a portion of their energy use.

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