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Energy regulator boss faces MPs

The man charged with regulating the energy industry will answer to MPs later today after it emerged profits of Britain's "Big Six" energy suppliers multiplied five-fold to more than £1 billion since 2009.

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Labour: Cameron 'too weak' to stand up to energy firms

Shadow energy secretary Caroline Flint said Ofgem's report shows the Prime Minister "is too weak to stand up to the energy companies and just stands for a privileged few".

The Ofgem report claims the 'Big Six' energy firms had an average profit margin of 20%. Credit: Gareth Fuller/PA Wire

Ms Flint said, “However you look at it, there’s no hiding the fact that on David Cameron’s watch the energy companies have increased their profits on the back of spiralling bills for hard-pressed consumers.

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