British Gas: 'Price cuts will benefit 6.8m people'

British Gas - the UK's biggest domestic energy supplier - is to cut gas prices by 5% on 27 February.

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

The move comes after E.On reduced its standard gas prices by 3.5% last week.

Speaking to the BBC, Christine McGourty from British Gas said: "We've done as much as we could, as quickly as we could" and suggested that 6.8 million customers would benefit from lower bills.