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Labour promise to get tough on energy companies

Labour promise to get tough on energy companies

Labour leader Ed Milliband has pledged to get tough on power companies in their new manifesto outlined today. He announced there will be a  pledge to get rid of Ofgem and replace it with a new regulator which would strip ...

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Labour party promise to give Ofgem new powers to cut energy bills

Labour party promise to give Ofgem new powers to cut energy bills

Labour leader Ed Milliband has pledged to give the energy regulator more powers to cut energy bills by next winter,  if he becomes Prime Minister in the upcoming election. He said he would pass a new law to give the regulator ...

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Ed Milliband wants legislation for Ofgem to force energy bills down

Ed Milliband wants legislation for Ofgem to force energy bills down

Labour leader Ed Milliband has said that he wants Ofgem to have new powers to force energy bills down when wholesale prices drop. In an interview with on the Andrew Marr show on the BBC he said he wants to ...

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SSE reports a loss for energy retail in half-year trading statement

SSE reports a loss for energy retail in half-year trading statement

At it’s half year trading statement, SSE has flagged a loss at it’s energy retail business. They have pledged to manintain their above inflation dividend increase for the full year. The company says the loss is due to “higher wholesale ...

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Michael Gove backs Ed Milliband’s attack on energy companies

Michael Gove backs Ed Milliband’s attack on energy companies

Michael Gove, Education Secretary has backed Ed Milliband’s warning to energy companies about price hikes, and said Mr Miliband was “absolutely right” to warn about energy price rises and took a swipe at the “big six”. Prime Minister David Cameron ...

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