Energy provider OVO has cancelled a price increase it announced last month in an effort to pass on falls in the prices it pays for gas and electricity. The group, which supplies 69,000 customers, was planning to hike bills by 3.5 per cent on January 1. But after prices in the wholesale gas and electricity market fell during the last couple of months the Gloucestershire-based independent supplier decided to pull the plug on the plan. The move should embarrass the 'big six' energy firms - British Gas, EDF Energy, SSE, Southern Electric, E.ON and npower - which have all put their prices up recently....Read more here--> Ovo cancels planned bill rise because of wholesale market falls | This is Money