Price cuts: the industry reaction

Npower became the fourth member of the big six to cut its standard gas tariff this week, following Eon, SSE and Scottish Power in responding to calls from energy secretary Amber Rudd, Ofgem chief executive Dermot Nolan and consumer groups to reflect dramatically falling wholesale prices. But for many critics, the cuts – all in the region of 5 per cent – are too little, too late.

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