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138

British Gas Lost Its Customers

UK gas and electricity provider British Gas has lost almost one million customers this year

British Gas Lost Its Customers

UK gas and electricity provider British Gas has lost almost one million customers this year, according to its parent company Centrica.

The company, which has put up prices twice in 2004, lost 290,000 customers in the first half of the year and 630,000 in the second.

Centrica, which has been hit by a rise in wholesale energy prices, said market conditions remained challenging. Its shares closed 8.2% lower at 229.5 pence, despite Centrica saying annual results would meet expectations.

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