FTSE up despite energy companies tumbling

Energy companies took a tumble today after regulator Ofgem opened an inquiry into the electricity and gas supply markets.

FTSE up despite energy companies tumbling
Thu, 21 Feb, 2008 - 18:03

Energy companies took a tumble today after regulator Ofgem opened an inquiry into the electricity and gas supply markets.

British Gas owner Centrica unveiled profits of more than ÂŁ2 billion earlier in the session, but news of the investigation caused shares to close 4% lower.

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