UK energy suppliers caught swimming naked

Gas price spike reveals parlous state of UK’s deregulated energy retail market

The chickens are coming home to roost in Westminster. A surge in global gas prices is revealing the parlous state of the UK’s deregulated energy retail market. Independent suppliers are dropping like flies and the decade-long mantra of ‘competition is good for consumers’ is being thrown out of the window. Energy Flux examines the political and regulator…