Martin Lewis predicts cheaper energy bills after key Ofgem development | Personal Finance | Finance
Martin Lewis and other consumer bills experts have welcomed plans to end a ban on energy companies competing to win new customers with cheaper deals.
The money saving expert said the proposal, which could come into effect in October, is ‘long overdue’.
The industry regulator Ofgem introduced the ban during the energy crisis triggered by Russia‘s ionvasion of Ukraine at a time when some gas and electricty retailers were collapsing.
The failure of these firms was largely caused by the fact that…