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| Version 1 | Version 2 |
|---|---|
| British Gas in 10% gas price cut | British Gas in 10% gas price cut |
| (10 minutes later) | |
| British Gas has announced it will reduce its standard tariff gas prices by 10% from 19 February. | British Gas has announced it will reduce its standard tariff gas prices by 10% from 19 February. |
| It said the move would benefit more than 7.5 million homes and cut £84 from the average annual gas bill. | It said the move would benefit more than 7.5 million homes and cut £84 from the average annual gas bill. |
| British Gas said it was the first UK major energy supplier to announce such a cut since 2007. Rivals are expected to follow suit. | British Gas said it was the first UK major energy supplier to announce such a cut since 2007. Rivals are expected to follow suit. |
| In July 2008, British Gas raised its gas prices by a record 35%, while other firms lifted prices by more than 20%. | In July 2008, British Gas raised its gas prices by a record 35%, while other firms lifted prices by more than 20%. |
| British Gas, which is part of the Centrica group, trades as Scottish Gas in Scotland. | British Gas, which is part of the Centrica group, trades as Scottish Gas in Scotland. |
| At the end of last year the "big six" energy companies were urged to pass on lower wholesale gas prices. | At the end of last year the "big six" energy companies were urged to pass on lower wholesale gas prices. |
| The cost of wholesale gas is linked to the price of oil, which has fallen significantly from the peak it reached in summer 2008. | The cost of wholesale gas is linked to the price of oil, which has fallen significantly from the peak it reached in summer 2008. |
| At the beginning of January, Scottish Power, one of the major suppliers, said it was relaunching one of its fixed-price gas products with a reduction of 10%. | At the beginning of January, Scottish Power, one of the major suppliers, said it was relaunching one of its fixed-price gas products with a reduction of 10%. |
| The average UK household energy bill is £1,293, some 42% higher than the same time last year. | The average UK household energy bill is £1,293, some 42% higher than the same time last year. |