The Papers: ‘Energy bills to hit £5,000’ and ‘heatwave UK’

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An astronomical forecast for the yearly cost of energy and a likely drought declaration lead the papers. …

The Financial Times leads on a letter from the Bank of England’s governor to Liz Truss and Rishi Sunak, warning them against political interference in the City of London. Andrew Bailey says the next prime minister must not meddle in its regulatory independence, claiming that it could make the UK less economically competitive.

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