Sector Regulation Sector Regulation

UK sets out energy market intervention with GBP150 billion 'price guarantee'

By Jakub Krupa
  • 08 Sep 2022 15:13
  • 08 Sep 2022 15:13
UK energy companies, businesses and households will see an unprecedented energy market intervention with the government planning a price guarantee to limit soaring bills that's estimated to cost around 150 billion pounds ($172 billion), Prime Minister Liz Truss confirmed today.
Grave warnings have come from UK industries, including the automotive

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Jakub Krupa

Senior Correspondent

Jakub joined MLex’s London team in August 2020 to report on topics including data privacy and security, cybersecurity, and telecom regulation, focusing on EU & UK regulatory and legal risk in the telecoms, media and technology (TMT) sectors. He is currently working on MLex's coverage of future mobility, in particular the rise of connected, electric and autonomous vehicles.

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