Ofgem to reform the energy market

Ofgem has introduced reforms to make the energy market clearer and fairer for small businesses, the industry regulator is asking the Government for additional powers to take action against brokers misleading businesses about cheap energy deals. At the moment Ofgem has limited authority to prosecute brokers. The new powers would enable the regulator to take brokers to court to halt illegal practices, although penalties would stop short of fines.

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