UK Explores Payments to Energy Companies to Protect Customers From Soaring Prices, the FT Reports
January 18 2022 - 2:19AM
Dow Jones News
--The U.K. government is exploring making payments to energy
retailers to protect customers when wholesale gas prices rise
sharply, the Financial Times reports.
--Businesses would have to return the money when prices trade
below an agreed level.
--The proposal is being promoted by energy companies and is
described by the government as "plausible" and "logical", the FT
says.
Full story: https://on.ft.com/3GDQEmB
Write to Jaime Llinares Taboada at jaime.llinares@wsj.com;
@JaimeLlinaresT
(END) Dow Jones Newswires
January 18, 2022 02:04 ET (07:04 GMT)
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