EDF - Last of the "big six" energy suppliers to drop gas prices

EDF says it will cut gas prices by 1.3%, the last of the "big six" energy firms to reduce prices in the wake of a fall in the wholesale price of gas.

The company says the cut, which will come into effect on 11 February, will benefit about one million customers.

Both gas and oil prices have fallen recently as slowing economic growth dented demand.

EDF said if further falls in energy prices allowed, more cuts would be passed on "as soon as possible".