No change from Labour as Beckett backs down
Article Abstract:
The regulatory system for the United Kingdom utilities is unlikely to undergo great changes despite a review of the system and plans for changes when the government was in opposition. There is general agreement that major structural change should not be introduced, though the government wishes to see more weight given to consumers. The Department of Trade and Industry will issue a report at the end of 1997 for the Board of Trade president, Margaret Beckett. Consultation will take place in spring 1998, with legislation likely to take place in fall 1998.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1997
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On the starting blocks
Article Abstract:
Competition is to be introduced in the UK gas industry in a pilot project in south west England in April 1996. SWEB Gas is one of the new entrants into this market and is a subsidiary of SWEB, an electricity concern. New suppliers are offering prices at between 15% and 25% less than British Gas, yet take-up of their offers is lower than expected. There have been complaints over the marketing practices of SWEB Gas. British Gas has not reduced its prices in south west England.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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Energy: smooth progress to gas
Article Abstract:
The UK gas industry will be open to competition from 1998. There has been a trial project in the South West region of England and a second trial is due in 1997. Large gas companies will have to enter the market for there to be competition, and none of the major companies have taken part in the first trial. British Gas faces the problem of having committed itself to pay for gas for which it does not have a market and this is starting to have an impact on gas bills.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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