On London Digital and online, this is Share Radio.

A very warm welcome to consuming issues. I'm Georgie Frost.

Now, this is the time of the week where we welcome the team from This Is Money.

That's the award-winning financial website and money section of the Mail Online.

Editor Simon Lambert is here today with me with journalist Rachel Rickard Strauss for our weekly catch-up.

So let's move on to our first story, shall we? We have spoken about how to act your age. But let's talk about price cutting of our energy companies. This week, EDF became the last of the big six to announce that it was cutting prices.

It comes after end power, Scottish power, British gas and Eon all announced their cuts.

EDF announced the lowest, though, 1.3%.

And then along came, along came the smaller energy company Ovo,

who'll cut their prices by a whopping 10.4%. That's more than double the largest

cut by any of the big six. It also comes, though, as information from the regulator of

GEM suggests the big six companies could still be increasing profits despite cutting bills

and could make £114 per household over the next year. That's up £9 from a November

forecast. The papers today not very happy about it, talking about raking in bigger profits as the

country freezes. Well, earlier I spoke to James Padmore, head of energy at Comparethamarkit.com

to get his reaction to the price cuts.

It's really interesting times at the moment.

The announcements have come late and not great with an average cut of about 4%.

And obviously with the off-gem announcement that's been put out,

suppliers are just working to maintain their profits.

But it's not all doom and gloom for consumers.

60% of our customers are actually switching to more competitive tariffs through smaller suppliers,

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