BUSINESS LIVE: Ofgem market shake-up; SSE to sell Transition stake
The FTSE 100 will open at 8am.Among UK companies with reports and updates are SSE and Aveva.Read the Friday 25 November Business Live blog below.
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Mike SheenHost commentator
Ofgem plots energy market shake-up
Ofgem has launched new reform proposals to better protect consumers and to ensure energy suppliers are more resilient to market shocks, with capital adequacy requirements among the watchdog’s plans.
Today weve launched a package of reforms that
Better protect consumers from market instability
Ringfence the money suppliers need to use to buy renewable energy
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