LONDON (AFX) - EDF, the French energy company, is to increase gas and electricity prices in the UK from 13 March.

Domestic customers are to be hit by a 4.7 pct hike in electricity costs and 14.7 pct for gas.

Derek Lickorish, chief operating officer of EDF Energy Customers Branch, said: With soaring wholesale energy costs, we have been forced to raise our prices.

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