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| British Gas to raise its gas and electricity prices | British Gas to raise its gas and electricity prices |
| (35 minutes later) | |
| British Gas is due to announce increases to its gas and electricity charges on Friday, the BBC understands. | |
| It is expected to raise both its charges for both by about 8%, adding £100 a year to the average dual fuel bill. | |
| The increase is expected to come into effect in about one month. | The increase is expected to come into effect in about one month. |
| Its rival SSE, which trades as Scottish Hydro, Swalec and Southern Electric, has already said it will raise its prices by an average of 9% from Monday. | |
| British Gas last raised its tariffs in August 2011, when gas prices went up by 18% and electricity prices by 16%. | |
| Then in January 2013, it cut its electricity prices by 5%. | |
| British Gas has so far declined to comment on the reports. | |
| However, in May this year the company warned that it might have to raise domestic prices this winter. | |
| The firm cited rising wholesale gas prices as the reason, arguing that they were likely to be 15% higher this winter than last. |