British Gas owner Centrica faces public outrage today after reporting £1.3 billion in half-year profits - just three weeks after announcing massive price hikes.
Energy Secretary Chris Huhne today insisted proposed reforms of the electricity market provided the "best possible solution" to protect consumers against the kind of price hikes seen in recent days.
Wholesale energy prices are to be scrutinised by energy regulator Ofgem, after end of year results were this week revealed by five of the big six energy providers.
7 July 2011
Suggest a story
Got a money-related news story that affects you? Email us