Bumper SSE results expected to provoke consumer outrage

Scottish & Southern Energy predicted to announce profits of up to £1.4bn at a time when many are struggling to pay their bills Accusations that the big energy firms are profiteering at the expense of UK households will be centre stage again on Wednesday if Scottish & Southern Energy, as expected, reveals bumper profits for […]


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SSE faces Ofgem’s largest fine ever of £10.5m fine for mis-selling

Energy supplier used ‘misleading scripts’ and failed to give ‘accurate estimates and comparisons to customers’ The activities of large energy suppliers were under the spotlight again on Friday when Ofgem, the industry regulator, confirmed that it would levy a £10.5m fine on SSE for mis-selling. The penalty, the largest the watchdog has imposed, was levied […]


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Ofgem to investigate energy firms for missing home efficiency targets

Regulator to look at why British Gas, SSE and Scottish Power failed to reach carbon reduction targets British Gas, SSE and Scottish Power are among six energy firms to be investigated by the energy regulator Ofgem after failing to deliver enough energy efficiency measures to UK households. Under the Carbon Emissions Reduction Target (Cert), legislation […]


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Money Talks: Isa deadline, SSE compensation, and cutting the cost of train travel

Sign up to the Money Talks weekly email for all the latest news The end of the tax year is looming and it’s time to make sure you’ve made the most of your annual Isa allowance. You’re cutting it fine if you haven’t, but some providers are accepting applications right up until midnight on Friday. […]


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Energy mis-selling: hot – and very bothered

Another investigation finds that members of the public have been told bare-faced lies by an energy firm touting for custom When even the energy regulator accuses one of the companies under its supervision of a “woeful catalogue of failures”, it’s worth paying heed. And Ofgem is right: its report of how tens of thousands of […]


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