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Utility and telecoms companies should expect Financial Conduct Authority standards as a matter of course when outsourcing to the debt collection market and selling their debts.
6 years ago
Orbit Energy has introduced a tracker tariff for its customers which, the company says, will always remain 10 per cent below the price cap.
Ofgem has been urged by a government advisor to step up the decarbonisation of heating
But while MPs dither, the consequences of Brexit for the wider business of government are
The supplier will increase the tariff by £117 to £1,254 for the average dual fuel customer, following Eon and EDF which raised their prices on Monday and Tuesday respectively.
EDF Energy has become the second big six supplier to increase its standard variable tariff (SVT) to the new cap level following Eon.
Eon has become the first supplier to announce price increases in line with the new level of the price cap.
The UK's Energy Saving Trust will assume presidency of the European Energy Network from 14 February.
Industry analysts predict the price cap will decrease in the next review - due to falling wholesale costs.
Industry voices have given a mixed reaction to the news Ofgem is to raise the default tariff cap on standard variable tariffs (SVT) by £117.
