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News Burst: Virgin Energy service launched

Jane Wakefield ZDNet.co.uk

Published: 04 Jul 2000 11:52 BST

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Net enthusiast Sir Richard Branson launches an online gas and electricity service Tuesday and promises to cut prices across the UK.

Virgin Energy is the first step in a plan to provide a range of household services over the Internet. The Internet-based company -- a joint venture between Virgin and London Electricity -- will provide gas and electricity which it claims will save British households an average of £50 per year.

Full story to follow.

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