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Centrica CEO says government's energy price caps is “fundamentally flawed”

Posted

February 22, 2018

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Iain Conn tells Sky’s Ian King that the government’s energy price cap will ultimately be “bad for customers” as it means less competition. The Chief Executive of Centrica, which owns British Gas, says the recent announcement of 4,000 job losses at the company is partially due to the cap, and “competitive pressure”.

Guests & Subjects Covered

Iain ConnSkys Ian KingThe Chief ExecutiveBritish Gas

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Centrica CEO says government's energy price caps is “fundamentally flawed” · Sky News · Sentinel