Npower to cut gas prices by 5pc

Energy supplier Npower says it will cut gas prices by five per cent from 1 February.

The move comes in the same week as three other major suppliers announced price cuts, T to reflect a dip in wholesale prices during the mild winter.

British Gas has cut its electricity prices by five per cent with immediate effect. SSE will reduce gas tariffs by 4.5 per cent on 26 March.