Centrica Warns of Jump in Energy Bills for 2006

Summary


The UK's largest power supplier delivered a double blow yesterday by warning of higher energy bills and further job cuts over the coming 12 months.

Centrica said its 17 million British Gas customers will have to pay more for their gas and electricity next year, which would be the fourth increase in two years.

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Centrica Warns of Jump in Energy Bills for 2006

It also warned of another round of job losses - on top of the 2,000 posts that were axed in July after costs soared on the back of record oil prices ...

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