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You can invest up to 10,000 of your 100,000 credits in each question.
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Now please select the likeliest answer and invest.
- 1,000 credits say "Maybe"
- 5,000 is "Probably"
- 10,000 signal "I am certain".
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The more you buy, the higher the price. The next trader must pay even more. Go on.
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Click the green check-mark to execute the trade.
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Deal? The system confirms if your transaction has been executed.
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Here you can see how many Credits you have invested so far.
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You can cash out your Credits at any time with the orange "C"-Button.
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This is how the question will be judged in the end, when the final outcome becomes known.
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This is the precise date or end of the period to which the question refers.
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After reading the judgement rule, please click here.
Price trend
Transactions-
Study the background information carefully.
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Read the background information carefully, before proceeding.
Wiki article
EditIn the UK, energy prices are capped. These set the maximum amount that energy suppliers are permitted to charge.
Energy price cap in the UK used to be stable. April 2022 marked the first significant increase, to £1,971 per year. This was an increase of 54% from the previous period.
In May 2022, Ofgem, the regulator, said it was expecting the price cap to jump again in October by 42%, to around £2,800. Energy consultancy Cornwall Insight estimates that the increase will be far higher, and will hit nearly £3,360 a year, which is a 70 per cent increase. It believes that the cap could exceed £3,600 in January before hitting a peak of nearly £3,730 in the second quarter of 2023. It is likely to remain elevated, at around £3,470 a year, at the end of 2023.
https://inews.co.uk/inews-lifestyle/money/bills/energy-price-cap-who-sets-how-ofgem-rate-work-what-happen-uk-bills-october-2022-1774599
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Offering the reason for your trade may convince other traders to follow your opinion.
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Click '+' if you agree, or '–' to disagree. You get a credit for every rating you make.
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For each '+' the author will get +100 credits added to his trading account .
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If you rate a comment with "-", please reply and state your objection.
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Now please rate, reply, or write your own comment. Best of luck!