British Gas to raise prices by 9.2%

British Gas

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British Gas is to increase prices for domestic customers, with a dual-fuel bill going up by 9.2% from 23 November.

The increase, which will affect nearly eight million households in the UK, includes an 8.4% rise in gas prices and a 10.4% increase in electricity prices.

The company said it “understands the frustration” of prices rising faster than incomes. The average annual household bill will go up by £123.

Rival SSE has already announced an 8.2% increase in bills from 15 November.

A government minister described the latest price rise as “extremely disappointing news” for customers.

Source: http://www.bbc.co.uk/news/business-24562930

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