The long battle between energy companies and government over offshore taxes has another chapter. On this Sunday UK British Gas threatened to shut down Morecambe Bay, an important gas field on the Irish Sea.

Mirror readers will get to know about the record profits earned by British Gas in the last year and will rightly ask: that why doesn't it lower prices and allow the person to save some money.

With regulator Ofgem having initiated an all-embracing investigation into the energy industry, multi-million pound fines may likely be slapped on the Big Six energy firms - British Gas, Scottish & Southern, ScottishPower, EDF, npower, and Eon.

An announcement was made by energy suppliers British Gas that the communications equipment will be presented by Trilliant when it comes to the turn out of their Smart Meter technology.

The British Gas is said to have become the second major energy supplier to raise its prices in recent weeks as it is said to have made a declaration of bringing about a 7% increase in its gas and electricity prices from 10 December.

Householders might not have taken pleasure of the cold winter, except the British Gas which certainly enjoyed it. It declared today a 98% climb up in the first-year profits trailing an 8% inclination in gas utilization and, more gloomily for householders, emerged to advise that utility bills might be on their way up this winter.