British Gas owner Centrica feels cold blast from critics

Although the City pages of Saturday's papers may focus on Centrica's trading patterns, outlined in a statement issued on Friday, the front page news is likely to be the energy provider's thinly veiled warning that fuel bills are set to go up later this year.

Although the City pages of Saturday's papers may focus on Centrica's trading patterns, outlined in a statement issued on Friday, the front page news is likely to be the energy provider's thinly veiled warning that fuel bills are set to go up later this year.

Centrica, which provides energy under the British Gas and Scottish Gas brands, said that UK wholesale gas costs are around 15% higher for next winter than last, and non-commodity costs are expected to add a further £50 to the cost of supplying the average household this year. "The trend for retail energy costs remains upwards," the group warned, in a statement issued ahead of its annual general meeting (AGM).

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