POWER giant Scottish and Southern Energy today announced it was to cut it prices from the end of next month.

POWER giant Scottish and Southern Energy today announced it was to cut it prices from the end of next month.

Average electricity prices are to be cut by nine percent while it is to cut its average gas prices by four pc. The price cuts will take effect from March 30.

Scottish and Southern is the second energy company to cut its prices - British Gas announced a reduction last week as the cost of fuel falls on the world market.