Archive for May, 2008

British Gas to hike prices again

British Gas to hike prices again
British Gas customers should prepare for a rise in their electricity bills as the company reports that its profit margins have been squeezed to levels below ‘long run expectations’. It would be the second price rise for British Gas customers in five months.  British Gas raised its prices in January this year in response to a hike in the cost of buying gas in the wholesale markets.  Despite ...
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