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11/12/2001
British Gas to raise gas prices in New Year
British Gas is set to raise domestic gas prices by 5.3 per cent in the New Year, increasing the average UK domestic gas bill by £17 per year.
The company blamed the rise in costs due to the cost of buying wholesale gas almost doubling in the last year and a half.
However a number of consumer groups have criticised both the price increase and the timing of the rise, when many people are struggling with extra expenses after the festive period.
Ofgem, which regulates gas and electricity industries, said the price increase, which comes into effect on January 3, 2002, is permitted under its present price control bands.
It advised dissatisfied customers to buy their gas from a different supplier. (MB)
The company blamed the rise in costs due to the cost of buying wholesale gas almost doubling in the last year and a half.
However a number of consumer groups have criticised both the price increase and the timing of the rise, when many people are struggling with extra expenses after the festive period.
Ofgem, which regulates gas and electricity industries, said the price increase, which comes into effect on January 3, 2002, is permitted under its present price control bands.
It advised dissatisfied customers to buy their gas from a different supplier. (MB)
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Halifax report continuing rise in house prices
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Halifax report continuing rise in house prices
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02 November 2010
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05 September 2001
Halifax report houses prices are continuing to rise
The latest figures released by leading mortgage lender Halifax have shown that the annual rate of house price inflation has hit 10.9 per cent. The Halifax, UK’s largest mortgage bank, also revealed that that house prices in August rose by 1.5 per cent, more than twice the increase seen in July.
Halifax report houses prices are continuing to rise
The latest figures released by leading mortgage lender Halifax have shown that the annual rate of house price inflation has hit 10.9 per cent. The Halifax, UK’s largest mortgage bank, also revealed that that house prices in August rose by 1.5 per cent, more than twice the increase seen in July.
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