British Gas to cut home gas prices by 5%

British Gas - the UK's biggest residential energy supplier is cutting gas prices by 5% on the 27th February.

The supplier which is part of the Centrica group, said the discount would reduce the typical household's annual energy bill by £37.

They are the second of the "big six" suppliers to reduce prices after E.On reduced its standard gas prices by 3.5% last week.