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British Gas hikes tariffs

Around 8.5 million households are to be hit with a 6% rise in their energy bills today as British Gas becomes the latest utility giant to hike its tariffs.

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Energy firm reduces electricity charges by 2 percent

An energy firm has announced that it will reduce its electricity charges by 2% from December 21.

Co-operative Energy, which supplies 60,000 households, said the move reflected lower wholesale electricity costs.

It said the move would make its electricity prices for this winter lower than last year.

Business development manager Nigel Mason said: "Unlike our competitors, we are not driven by a need to make profits for external stakeholders."

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