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Residents should 'welcome' Manx Gas price cuts

Cuts to the cost of gas marks a victory for Island residents.

That's the message from the Office of Fair Trading and Treasury - as they celebrate an agreed 3.5 per cent reduction in bills from January 1st:
 
 
That's OFT chairman David Quirk who says 24,500 people are set to 'benefit'. 
 
It follows the news that Manx Gas is hiking up the standing charge - Mr Quirk says some people will still be paying out more, but not by much: 
 

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