Ten Things You Need to Know Today: 3 February 2022

The Week’s daily digest of the news agenda, published at 8am

1. Energy price cap revealed today

Millions of people facing a spike in energy costs will discover this morning how much more they will have to pay. Energy regulator Ofgem’s new price cap, which is expected to add hundreds of pounds onto the annual bill for 22 million homes, will be announced at 11am and will take effect from 1 April. The Guardian said the Treasury is “scrambling” to complete “11th-hour plans” to ease the cost of living crisis, including a £200 rebate on energy bills and more help for the poorest households.

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