Britsh Gas cutting prices
British Gas today announced it is cutting its standard tariff gas prices by 10% from February 19.
Published
The company said the move would benefit more than 7.5 million homes and cut £84 from the average annual gas bill.
In July last year, British Gas raised its gas prices by a record 35%, while other firms lifted prices by more than 20%. E SF
The cost of wholesale gas is linked to the price of oil, which has fallen significantly from the peak it reached last summer.
The average UK household energy bill is £1,293, some 42% higher than the same time last year.
