Non-executive board member says regulator ‘gave too much benefit to companies at expense of customers’

A director at energy regulator Ofgem has resigned, accusing it of favouring businesses over consumers with a rule change that will add as much as £400 to the average UK household energy bill.

Christine Farnish, a non-executive member of the Gas and Electricity Markets Authority (GEMA), Ofgem’s board, tendered her resignation to the business secretary Kwasi Kwarteng in early August.

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Asylum seekers housed at ex-RAF base tried to kill themselves, finds study

Report calls for immediate closure of Wethersfield as conditions causing irreparable harm…

‘What is it about life that’s sacred?’: Harriet Walter backs change in law on assisted dying

The actor, who has played characters on both sides of the debate,…

‘Dark forces’ preventing Newcastle from being ‘powerhouse’, says Mike Ashley

HMRC ends long-running investigation into club’s affairs Ashley files claim against Premier…

Boris Johnson under pressure from Biden and activists in run-up to G7

US pushing UK hard over minimum corporate tax and swift action on…