Power price hike

CO-OPERATIVE Energy is hiking its gas and electricity prices by an average of 5.2 pc — or just over £60 — for 128,000 households. It means that from August 20, customers on a standard variable tariff will pay an average of £1,218 a year, up from £1,158. The price rise will also apply to GB Energy households, which have been supplied by Co-operative Energy since the firm ceased trading in 2016.