'Big Six' energy firms to face major competition inquiry
Energy regulator Ofgem has called for the "Big Six" gas and electricity providers to face a full-scale competition inquiry.
Energy regulator Ofgem has called for the "Big Six" gas and electricity providers to face a full-scale competition inquiry.
Centrica boss Sam Laidlaw has told ITV News the competition investigation into the 'Big Six' energy firms is "from Centrica's perspective fine [but we're] concerned from country's perspective."
Regulators have called for an investigation into the UK's Big Six energy suppliers amid soaring household bills and rocketing profits.
Ofgem's finding that aspects of energy firms' behaviour "would appear to be consistent with tacit coordination" has been denied by Centrica.
The inquiry into the 'Big Six' energy firms is a significant moment, but don't hold your breath, it will take the best part of two years.