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U.K. Opposition May Drop Energy Price Freeze, Says Davey

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The U.K. opposition Labour Party would probably drop its pledge to freeze prices for energy “like a hot potato” in the event of talks to form a coalition after next year’s election, said Energy Secretary Ed Davey.

Polls suggest that neither the ruling Conservative Party nor Labour will win an outright majority of seats in May’s general election. That means it’s possible Davey’s Liberal Democrats -- the junior partner in the current government -- will enter coalition talks to form a government for a second successive election.