Two energy firms to raise prices

Energy firms E.On and Scottish and Southern Energy are to raise gas and electricity prices by up to 29%.

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E.On said it would up its gas prices by 26% and electricity bills by 16% on 22 August for domestic customers. Scottish and Southern followed a few hours later by announcing a 29.2% increase in gas bills, with electricity tariffs up by 19.2% on 25 August.

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