UK: Around eight million British Gas customers face higher bills from next month as the energy supplier today confirmed a hike in tariffs.

Household bills for gas and electricity will increase by an average 7% from December 10, which will amount to an increase of �1.50 on the average weekly dual-fuel bill. The increases apply to customers on standard and variable tariffs.

The company said rising wholesale prices had forced it to lift the bills, but vowed not to apply the increase to the company’s 300,000 most vulnerable customers, such as the poorest pensioners.

The move follows a price lift by utility giant Scottish & Southern at the end of last month. SSE said it would put up its gas bills by 9% from December 1.