Article 62M5H Ofgem board director Christine Farnish quits over energy price cap

Ofgem board director Christine Farnish quits over energy price cap

by
Jasper Jolly
from World news | The Guardian on (#62M5H)

Non-executive board member says regulator gave too much benefit to companies at expense of customers'

A director at energy regulator Ofgem has resigned, accusing it of favouring businesses over consumers with a rule change that will add as much as 400 to the average UK household energy bill.

Christine Farnish, a non-executive member of the Gas and Electricity Markets Authority (Gema), Ofgem's board, tendered her resignation to the business secretary, Kwasi Kwarteng, in early August.

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