Ofgem could force energy suppliers to pay rivals if they lure customers with cheaper deals
Regulator for Great Britain weighs up reintroducing market stabilisation charge to prevent firms going bust Energy suppliers could be forced to pay a charge…
The Guardian reports: Regulator for Great Britain weighs up reintroducing market stabilisation charge to prevent firms going bust Energy suppliers could be forced to pay a charge to rivals if they lure customers with cheaper deals, as the industry regulator for Great Britain attempts to prevent suppliers going bust this winter.
This business story centres on the United Kingdom. Names and organisations mentioned in the coverage include Regulator for Great Britain, Energy and Great Britain.
Why it matters
Business and economic news can ripple through prices, jobs, investments and household budgets.
Key details
- Location
- United Kingdom · Europe
- Reported by
- The Guardian
- First reported
- Key names
- Regulator for Great Britain, Energy, Great Britain, MSC
- Section
- Business
Sources
This is an independent summary. Read the full, original reporting from the publisher:
Read the full story at The GuardianSpotted an error? Request a correction · How this summary was produced
Related Stories
The Olympic sprinter now bedbound for 22 hours a day
Beth Dobbin ran for Great Britain at the Tokyo Olympics in 2021.
John Healey poised to raise taxes on banks in budget
Exclusive: Chancellor to target sector in his first budget to help offset damage caused by Iran war on public finances John Healey is poised to tax…
Cost of balancing Great Britain’s power grid reaches nearly £50m a day
Grid operator is paying huge sums to switch off windfarms in areas of excess electricity generation while turning on gas plants elsewhere The cost…
GB win two golds at Track World Championships
Great Britain claim gold in the women's team pursuit and the men's scratch race at the World Track Cycling Championships.
China-North Korea border bridge may do little to spur trade, experts say
Sanctions and a North Korean leadership that prioritises security dim prospects for trade, analysts say.
EU leaders face budget divisions, discuss Ukraine at Brussels summit
European Union leaders gathered in Brussels on Thursday for a two-day summit to discuss the bloc’s next long-term budget, continued support for…
Norway wealth fund urged to ease nuclear arms ban after Gaza investment row
The review called for Norway's sovereign wealth fund to lift ethical risk limitations on its investments.
Marco Rubio to visit Indian billionaire Ambani's refinery in Gujarat as U.S. diesel prices surge
Not only is Ambani's Reliance investing in a U.S. refinery and buying Venezuelan oil, but its strong ability to supply diesel has put Jamnagar on…




