'No collusion' over energy price rises in UK

British energy regulator Ofgem said today that there was no evidence that any of the recent gas and electricity price hikes are down to collusion between suppliers.

More than nine million customers with Npower and EDF have been hit with inflation-busting gas and electricity price rises this month – adding around £100 to average annual bills. The UK’s other major suppliers, such as British Gas, are widely expected to follow suit.