Tuesday, 21 March 2017

UK government prepares to intervene in gas and power markets

UK Prime Minister, Teresa May UK Prime Minister, Teresa May Wikimedia

The UK government is preparing to intervene to control energy prices because the market is “manifestly not working” for consumers, according to Prime Minister May. The Government has faced repeated calls for a fixed price cap on energy tariffs amid accusations that the so-called Big Six energy companies are not competitive enough on pricing.

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