Ofgem under fire for ‘shifting costs to customers’

Citizens Advice has claimed that supplier profit margins are higher than they should be

Citizens Advice tell networks ‘give our money back’

A £285 rebate should be given to every gas and electricity user in the UK after they were charged too much by network operators. That’s according to Citizens Advice, which has suggested energy network companies have made around £7.5 billion in profits at the expense of consumers over the last eight years. The national charity says key decisions […]

Pricey oil will hit profit margins

Business profit margins in the UK are continuing to take a battering because of rising oil prices, according to the latest monthly business trend report from BDO. Despite the “positive news” of rising UK output, the audit firm suggests high oil prices are likely to hit consumer spending power as well as business profit margins. […]