British Gas to cut prices in Hackney

BRITISH Gas customers in Hackney will enjoy significant cuts to their gas and electricity bills this year, writes Ronan Murphy.

The energy giant has reduced its annual gas prices by 17 per cent and its electricity prices by 11 per cent, with the dual bill dropping £167, from £1,120 to £953.

The price cuts come in response to a general lowering in the cost of wholesale gas prices in the last six months, and after the company lost one million customers last year. Other energy firms are planning to follow suit and cut costs.

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