Article 3SY8Y Ofgem appoints economist Martin Cave as chairman

Ofgem appoints economist Martin Cave as chairman

by
Adam Vaughan
from Environment | The Guardian on (#3SY8Y)

Decision comes as regulator prepares to impose price cap on energy bills

A champion of price caps and a critic of suppliers' behaviour has been chosen to lead the UK's energy regulator, Ofgem.

In an effort to toughen up the watchdog, which has been criticised for being soft on energy firms, regulatory economist Martin Cave has been selected as the regulator's new chair just months before it is due to impose a price cap on energy bills.

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