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Ofgem has shown a lack of basic regulatory insight over energy crisis
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Wednesday was a good day for the business select committee to announce an inquiry into the crisis in the retail energy market, and why so many suppliers – 26 at the last count – have failed. Citizens Advice has just provided MPs with a perfect pre-read: a quietly devastating analysis of the “catalogue of errors”, as it puts it, committed by Ofgem, the regulator.
The report is an excellent counterblast to the self-serving official narrative that says mass collapses appeared out of a clear sky, and
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