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Mexican standoff as British Gas raises prices

Following increasing speculation over the size and timing of a standard variable tariff increase, British Gas announced on 1 August that it would be ending its price freeze, raising its standard dual fuel tariff by 7.3% (£76/year). The increase, which is effective on 15 September, will see the standard electricity tariff rise by 12.5% while the standard gas tariff has remained the same. In this week’s Energy Perspective we explore what has driven the rise, and try to place the move ...

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