By Jonathan Davies

Scottish Power has announced plans to cut its household gas prices by 4.8%.

The price cut will come into effect from 20 February. Standard tariff customers will save around £33 on their annual bill.

It comes after British Gas yesterday (Monday) cut its prices by 5%, and after E.On last week announced a 3.5% reduction.

The Federation of Small Businesses (FSB) earlier criticised British Gas and E.On for not including small businesses in their price cuts, instead only focusing on domestic customers.

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