Powergen hikes UK bills
Millions of households in Britain were facing further misery today after Powergen hiked energy bills by as much as 18.4%.
Powergen became the latest major supplier to impose massive increases in household bills when it said gas prices will go up by 18.4% and electricity by 9.7% on Monday.
The German-owned supplier blamed an 87% increase in the cost of buying wholesale energy to sell on to its customers in the UK since the beginning of last year.
