The prime minister said a one-off levy would hit investment - despite BP's boss saying it wouldn't.
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Energy firms have three weeks to justify direct debit hikes, Kwarteng warnsBusiness secretary says Ofgem has issued compliance reviews after suppliers used cash to ‘prop up finances’
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Energy firms investigated over claims of direct debit rip-offEnergy suppliers face “substantial fines” as regulators begin an urgent investigation into claims they are ripping off customers by inflating direct debits to ease cashflow problems
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Energy firms could face massive fines for overcharging direct debitsBusiness Secretary Kwasi Kwarteng said suppliers found to be in breach of Ofgem's rules could face 'substantial fines'.
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Ofgem spends millions on advice as it battles soaring UK energy costs\n\t\t\tJournalists in 50+ countries follow the constant flow of money made and lost in oil & gas while\n\t\t\ttracking emerging trends and opportunities in the future of energy. Don’t miss our exclusive\n\t\t\tnewsletter, Energy Source.\n\t\t
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Energy bills: Suppliers face crackdown for raising direct debits 'beyond what is required'Energy companies found to be clawing in more than they should from customers will face substantial fines, according to the business secretary, as energy bills continue to shoot up.
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Draghi to extend Italian windfall tax on energy groups\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
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