Osborne urges energy price cut

Chancellor George Osborne has told ITV News that energy companies npower and British Gas should reconsider their price hikes. The comments came after energy supplier npower followed British Gas in raising its prices.

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Osborne urges energy companies to reconsider rise in prices

Chancellor George Osborne has told ITV News that energy companies npower and British Gas should reconsider their price hikes and "see if they are absolutely necessary at a time like this".

He said: "Of course I’m concerned when I see electricity bills going up and partly that is because of things beyond our control – what’s happening in the world with oil prices and gas prices.

"We’ve also got to do everything we can in Britain to try and keep those bills down. I would urge those energy companies to look again at any increases to see if they are absolutely necessary at a time like this.”

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