Wednesday, July 30, 2008

British Gas bills to rise by 25pc for millions

By Emma Thelwell Last Updated: 3:36pm BST 30/07/2008

Millions of British Gas customers will have their energy bills hiked by 25pc this winter, with some seeing a rise of up to 35pc, as the company grapples with the rising cost of energy in the UK.
Soaring wholesale energy prices means that between 8.5m and 9m British Gas customers will see large increases in their bills over the next six months.
Centrica, the owner of British Gas, plans to pass on wholesale gas and electricity prices which have seen its profits plunge by 68pc in the six months to the end of June.

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