Thursday, July 17, 2008
A 70% increase in gas prices will be too much for some.
Centrica report warns UK gas prices could soar by 70 per cent. An independent report commissioned by Centrica, which owns British Gas, warns that prices are likely to soar far higher than energy companies have admitted in public. And it says the increases are not just a spike - which would give the government a problem in managing the social and economic impact.