SSE and NPower merger delayed over price cap

South Africa News News

SSE and NPower merger delayed over price cap
South Africa South Africa Latest News,South Africa South Africa Headlines

Ofgem wants to cap the default electricity and gas bill at £1,136 a year, forcing the energy firms to redraw their merger plan.

  • 📰 SkyNews
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 67%

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

SkyNews /  🏆 35. in ZA
 

Interview on very irritating as interviewee kept pronouncing the word project as pro-ject ... and used it about 8 times in one paragraph.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

SSE shares fall as energy firm admits merger with npower in troubleSSE 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😣😣)
Read more »

Merger of SSE and npower is hanging in the balanceMerger 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...
Read more »

SSE and npower scrap merger plan amid 'challenging conditions'SSE and npower scrap merger plan amid 'challenging conditions'Government price cap and increasing competition are behind failure to reach a deal
Read more »

SSE admits 'big six' merger now in doubtSSE 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
Read more »

'Big Six' energy merger called off ahead of price cap'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.
Read more »



Render Time: 2025-01-14 02:07:51