Britain's domestic energy price cap is expected to rise almost 5% in April, analysts at Cornwall Insight said on Tuesday, with cold weather and low gas storage levels in Europe keeping wholesale prices high.

Analysts at Cornwall Insight predicted that Britain's energy price cap would rise by almost 5% this April. Cold weather and low

Energy bills are expected to increase by 5% from April, adding around £85 a year to the average household’s costs, according to consultancy Cornwall Insight. This would see a typical household paying £1,823 annually for gas and electricity.