Those hoping for radical revamp of household energy market to stop £1.7bn ‘rip-off’ disappointed by regulator’s triumph of hope over experience
It feels a very long time since Ed Miliband (remember him?) was talking about freezing energy bills, an idea that proved so politically dangerous that it led indirectly to an inquiry by the Competition and Markets Authority. At the time, even the big energy companies, feeling battered by “rip off” headlines, reluctantly conceded that an investigation would be the best way to clear the air.
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