Gas rise fail to halt FTSE slide

Gas shares were pushed upwards today following British Gas's announcement it planned to ramp up its bills.

Gas rise fail to halt FTSE slide
Fri, 09 Feb, 2001 - 17:33

Gas shares were pushed upwards today following British Gas's announcement it planned to ramp up its bills.

Although the news is bad for customers, who will on average have an extra £14 added onto their average yearly bill, it was good for investors in British Gas owner Centrica.

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CourtsPlace: USOrganisation: FTSEOrganisation: British GasOrganisation: CentricaOrganisation: LatticeOrganisation: InnogyOrganisation: npowerOrganisation: Telewest CommunicationsOrganisation: Colt TelecomOrganisation: Cable & WirelessOrganisation: BTOrganisation: VodafoneOrganisation: AutonomyOrganisation: MisysOrganisation: SAGEOrganisation: Baltimore TechnologiesOrganisation: MarconiOrganisation: PsionOrganisation: SpirentOrganisation: LogicaOrganisation: ShellOrganisation: BP Amoco
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