British Gas rise prices AGAIN!!!

Credit4everyone has learned that British Gas have increased prices again! Gas prices will increase by a record 35% and electricity by 9%. Despite the rise, British Gas has re-assured everyone that it will not increase prices again in 2008 (how nice of them I’m sure).

The prices have increased with immediate effect. You could save money by Switching, click here to see if you can save money

fixed rate gas bills

Discounted Energy
• Save Money
3% cheaper than ScottishPower’s standard monthly Direct Debit prices for gas and electricity* NB: At launch, this equates to an average saving of £25 per annum on Dual Fuel**
• Guarantee Period
Your prices will remain 3% below ScottishPower’s standard monthly Direct Debit prices until July 2009.
• Convenience
Customers who take gas and electricity from us will receive one combined bill and our Gas & Electricity Offer discount of up to £16.80 per annum (inc. VAT).
• Online Option
Save an additional £15.75 per annum (inc VAT) for Dual Fuel customers by choosing to manage your energy account online or £10.50 per annum (inc VAT) for Electricity Solus customers.
Fixed Price
• No PRICE RISES until March 2011

Your customers can look forward with added confidence to the security of fixed prices until 28th February 2011 with our Fixed Price Energy Offer. Convenience - Customers who take gas and electricity from ScottishPower will receive one combined bill and our Gas & Electricity Offer discount of up to £16.80* per annum (incl. VAT).
*The gas and electricity offer annual discount of £16.80 inc VAT is available in ScottishPower and Manweb former host public electricity supply areas for dual fuel customers paying monthly by direct debit. All other customers who qualify for the discount will receive an annual discount of £10.50 inc VAT
Online Option
Save an additional £15.75 per annum (inc VAT) for Dual Fuel customers by choosing to manage your energy account online or £10.50 per annum (inc VAT) for electricity Solus customers.
* Based on the kWh rate comparison between ScottishPower’s standard monthly Direct Debit prices and ScottishPower’s Discounted Energy Offer. **** Saving shown based on comparison between ScottishPower’s Standard average domestic Dual Fuel bill and ScottishPower’s Discounted Energy Offer Dual Fuel bill for a customer supplied on Standard Rate electricity using 3,300kWh and 20,500kWh of mains gas each year who pays monthly by Direct Debit. Based on an average Dual Fuel bill across.

house prices dipped 0.1% in January

House prices dipped 0.1% in January, declining for a third consecutive month as the market cooled, and taking the annual rate of price inflation to its lowest level in two years, Nationwide said.

gold an attractive asset

Gold and platinum have both hit fresh all-time highs for the third straight trading day, lifted by expectations of a further cut in US interest rates. In Tuesday trading, gold was $929.40 an ounce, while platinum touched $1,735.

As fears about a US recession continue, gold is seen as an attractive asset given the current economic uncertainty.

The weak dollar - which may fall again if US rates are cut - also boosts gold as it makes the metal cheaper for holders of other currencies.

recent energy prices unfair

A recent price increase from leading Electricity and Gas companies is unfair says a watchdog. Three energy companies have raised prices by around 15% on average. They blame soaring wholesale prices but energywatch says the market is not competitive enough.

If you fell you are paying too much for your electricity and gas, why not spend a few minutes checking with a leading price compare service. Click here for full details