Regulator attacks critics who claim weakened competition and says it has introduced the ‘most radical set of reforms’
Ofgem has hit back at claims it may be partly to blame for high prices, after a group of former regulators said it had presided over a weakening of competition in the energy market.
The energy regulator said it had introduced the "most radical set of reforms" to protect consumers in the retail energy market since competition began, after five former senior officials raised concerns about poorly designed regulation.