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Centrica Calls for Ban on Octopus and Others over Capital Rules

GREATER LONDON, ENGLAND, JUL 24 – Centrica's CEO accuses the UK energy regulator of weak enforcement, citing three suppliers including Octopus Energy failing capital adequacy rules designed to prevent market failures.

Summary by Financial Times
British Gas parent calls on watchdog to bar new customers for suppliers failing on capital target

10 Articles

Evening StandardEvening Standard
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Center

Centrica calls for new customer ban on rival Octopus amid row over Ofgem rules

Centrica chief executive Chris O’Shea claimed that regulator Ofgem was not enforcing recent financial resilience rules.

·London, United Kingdom
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  • 44% of the sources lean Left, 44% of the sources are Center
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Daily Mirror broke the news in London, United Kingdom on Thursday, July 24, 2025.
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