Far breaking up monopolies the current government does what it can to help them consolidate rivals and then are allowed to offshore a good portion of profits in return for a pledge to the Conservatives right? UKLabour
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Regulators clear npower / SSE merger following investigationThe merger of 'big six' household energy suppliers SSE and npower has been given final clearance by competition regulators.
Source: SkyNews - 🏆 35. / 67 Read more »
SSE and npower scrap merger plan amid 'challenging conditions'Government price cap and increasing competition are behind failure to reach a deal
Source: The Guardian - 🏆 84. / 53 Read more »
Merger of SSE and npower is hanging in the balanceCompanies admit tie-up is threatened by government’s price cap and market conditions The big energy suppliers are big enough already. The merger of SSE and npower wouldn't benefit anyone apart from their shareholders. You make it sound like someone is about to toss a pancake...
Source: The Guardian - 🏆 84. / 53 Read more »
SSE and NPower merger delayed over price capOfgem wants to cap the default electricity and gas bill at £1,136 a year, forcing the energy firms to redraw their merger plan. Interview on very irritating as interviewee kept pronouncing the word project as pro-ject ... and used it about 8 times in one paragraph.
Source: SkyNews - 🏆 35. / 67 Read more »
SSE shares fall as energy firm admits merger with npower in troubleDeal delayed as companies say talks over new terms will take several weeks Good! Rip off company with high gas and electric costs (just like the other 'big' three😣😣)
Source: The Independent - 🏆 80. / 59 Read more »
SSE admits 'big six' merger now in doubtThe announcement of an energy price cap by regulator Ofgem has been blamed for holding up the planned SSE-npower tie-up. just goes to show they were going to merge to rip their customers off more
Source: SkyNews - 🏆 35. / 67 Read more »
'Big Six' energy merger called off ahead of price capSSE and npower decide not to proceed with the planned merger of their household supply businesses, citing several reasons. And so the U.K.’s slow decline into socialism turns into a slide with government price controls.
Source: SkyNews - 🏆 35. / 67 Read more »