UK energy cap could have been avoided, lobby group says

Body representing big six suppliers says price cap is not inevitable and could have been avoided if industry had acted more quickly on 'rip-off' tariffs Energy suppliers could have avoided the government imposing a price cap if they had acted faster to shift customers off the tariffs branded a "rip-off" by Theresa May, according to an industry lobby group. Lawrence Slade, chief executive of Energy UK, also said he believed it was still possible the cap might not happen - if the sector can transform itself in time. Continue reading...