Annual energy bills predicted to fall by £129 in July

Domestic energy prices are forecast to fall in July, reversing three consecutive increases in regulator Ofgem's price cap.The annual bill of a household using a typical amount of gas and electricity will fall by £129 a year, a drop of nearly 7%, analysts at the consultancy Cornwall Insight have predicted.It comes after a series of household bills became more expensive in April, and would mean a typical annual…