Ofgem could make it harder for new firms to enter energy market

Watchdog cites concerns over customer service and financial resilience of some companiesOfgem is considering making it harder for new challenger companies to enter the energy market, citing concerns over poor customer service and lack of financial resilience.The energy regulator has launched a review that is likely to result in a reversal of the last major shake-up of rules 15 years ago, which was designed to encourage competitors to take on the big six companies that dominate the UK market. Continue reading...