Ed Davey: 'Big Six' need to be more transparent

Ed Davey, the Secretary of State for Energy and Climate Change, has told Daybreak he is "very worried" about people's electricity and gas bills and said the "big six" energy companies needed to be more transparent.

"They need to be held accountable for the profits they make and they need to declare them in a much clearer way," The Liberal Democrat MP said.

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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.