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UK Ofgem stops short of lowest tariff ruling

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Lit hobs glow from an electric cooker in Edinburgh, ScotlandLONDON (Reuters) - Britain's energy regulator Ofgem stopped short of forcing energy suppliers to give their cheapest tariff, a political hot potato, in measures to simplify domestic gas and electricity bills on Friday. The Ofgem proposals follow a review of the household energy market that identified tariff complexity, poor supplier behaviour and a lack of transparency and competition in a market dominated by six gas and electricity utilities. ...



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