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Energy firms 'must face licence axe' to help customers

New regulator would be able to revoke licences of suppliers that repeatedly act against interests of customers, under new Labour proposals.

Shadow energy and climate change secretary Caroline Flint accused the Government of presiding over a "broken energy market" and said Labour would hand a tough new regulator the capability to cancel energy companies' licences.

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Labour left Britain 'with a broken energy market'

The Conservatives have accused Labour of bringing Britain's economy to its knees, after it announced proposals to revoke energy companies' licences helping protect the interests of the public. A Conservative Party spokesman said:

Labour left our country with a broken energy market and huge taxes on bills - meaning the number of people in fuel poverty nearly doubled in Labour's last five years.

We've been taking action to put this right. We've taken £50 off the average bill by rolling back green levies. We're carrying out a full, independent inquiry to fix the broken market we inherited. And we're forcing energy companies to simplify bills so people can be sure they are getting the best deal.

– Spokesman, Conservatives

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