British Gas is flexing it's muscles as 8 million customers will face a 7% hike in their bills despite profits increasing by 100%. Consumers will feel that suppliers have not make cuts when conditions allowed it, but are quick to raise bills as wholesale prices nudge up.
The announcements could be the start of a trend, according to Ann Robinson of price comparison website Uswitch.
"After a two year lull, household energy prices are about to resume their steady climb upwards again," she said.
At a time when public sector pay awards are virtually frozen for the next three years it will be a case of tightening the purse strings as the behaviour of British Gas must surely be the tip of a growing iceberg.
The announcements could be the start of a trend, according to Ann Robinson of price comparison website Uswitch.
"After a two year lull, household energy prices are about to resume their steady climb upwards again," she said.
At a time when public sector pay awards are virtually frozen for the next three years it will be a case of tightening the purse strings as the behaviour of British Gas must surely be the tip of a growing iceberg.
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