Ofgem Proposes Energy Price Cap Adjustment to Tackle £3 Billion Debt Crisis
In a bid to alleviate the energy industry’s staggering £3 billion debt accumulated from unpaid gas and electricity bills, the Office of Gas and Electricity Markets (Ofgem), the industry regulator, has unveiled plans to lift the energy price cap. This unprecedented move aims to assist suppliers in recovering from the financial fallout of the energy-driven … Read more
