A pledge to renationalise energy firms does not feature on Sir Keir Starmer's to-do list if he wins the election – at least not yet. Hard to credit perhaps, but the UK domestic energy supply sector as a whole is not profiteering, but loss-making. Their firms supply heat and light to more than 11million households, but as private companies they are not as transparent and accountable as one would like. The Government should consider replacing Ofgem with a more robust regulator. But there are no easy routes out of the energy market mess.

Source: Daily Mail May 22, 2023 04:31 UTC