Britain said it would cap the cost of electricity and gas for businesses on Wednesday following a similar scheme for consumers, helping relieve the pressure of soaring energy costs.

It said wholesale prices for electricity would be capped at 211 pounds ($239.17) per megawatt hour (MWh) and for gas at 75 pounds per MWh.
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The government will compensate suppliers for the reduction in wholesale gas and electricity unit prices that they are passing onto non-domestic customers, it said.
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