Ovo boss slams ‘Big Six monopoly’

The reason there isn’t more competition in the UK energy retail market is because currently the Big Six operate an inherited monopoly. This was according to new player Ovo Energy’s boss, Stephen Fitzpatrick, who said current generators use their profits to trap customers. Speaking at the Future Energy Strategies event this week, the founder of […]

Price controls may be necessary to protect consumers, says uSwitch boss

Consumer champion uSwitch’s Director of Consumer Policy has criticised the government and the regulator Ofgem for not protecting consumers from big bills and has suggested a return to price controls may be needed. Speaking at Future Energy Strategies’ ‘Increasing Competition in the UK’s Electricity Market’ event in London earlier this week, Ann Robinson said: “I […]