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Energy profits 'eroding trust'

Trust in the energy market is being undermined by a lack of transparency about profits being made by companies, MPs warned today.

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Fuel strategy needs 'legally binding targets'

The Citizens Advice Bereau said that the Government's fuel poverty strategy should include "comprehensive, legally binding targets to end fuel poverty" to avoid a "vicious cycle" of rising bills and increasing poverty.

It's infuriating for struggling consumers to see announcements of record-breaking profits as they struggle to meet ever-higher energy bills, but pinning all our hopes on increased transparency is simply not enough to help the millions of people who are forced to cut back on essential spending or run up debts in order to meet the cost of their energy bills.

– Gillian Guy, chief executive of Citizens Advice

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