Ofgem to probe utilities after price hikes
Inside: Cheap Personal Loans UK
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Ofgem to probe utilities after price hikes
LONDON (Reuters) – Energy regulator Ofgem plans to review the retail energy market to decide whether to change the rules after a 38 percent surge in utilities’ retail margins since September, the regulator said on Friday.
Ireland gets a 72bn bailout
Britain last night offered stricken Ireland almost £6bn in loans and guarantees amid an extraordinary warning that multiplying debts could bankrupt the entire EU