New UK crackdown on litter louts come into force

Councils now have the power to almost double on-the-spot fines from £80 to £150

Energy market abuse penalties could start in April

New penalties including prison time for rigging wholesale gas and electricity prices could come into force in April, DECC announced yesterday. Last year the Government proposed sanctions to protect consumers from unfair practices and give regulators new powers, including sending people to jail for up to two years. Under the proposals, it would also be […]

ScottishPower to pay £750,000 for payment type price gap

Energy firm ScottishPower has agreed to pay a penalty of £750,000 for charging different prices to customers on different payment methods. The Big Six supplier’s price difference between standard credit and direct debit payment types “was out of line with that of other suppliers” between September 2009 and December 2012, the regulator said. Under Ofgem’s […]

EDF Energy offers auto rollover contracts with no exit fees

EDF Energy has launched a new automatic rollover contract with no exit fees for small business customers. The power supplier said small businesses that do not contact the company at the end of their contract will now have their prices frozen for a year but will have the freedom to leave anytime without paying a […]

DECC seeks views on proposed EU ETS penalty changes

The UK Government is seeking views on the proposed changes to regulations on simplifying the EU Emissions Trading System (ETS) penalties for businesses. The ETS was introduced in 2005 to help the EU meet its obligations to reduce greenhouse gas emissions by 8% below the 1990 level under the Kyoto Protocol – the first global […]

BP faces $28m in fines for alleged gas market manipulation

Oil giant BP has been threatened with a fine worth $28 million (£18.2m) by the US energy regulator for allegedly manipulating the natural gas market in 2008. The Federal Energy Regulatory Commission (FERC) alleges BP tried to increase the value of its gas contracts by manipulating the price through false trades in the Houston Ship […]