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Ofgem tells energy suppliers to put financial stability before dividends

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Ofgem tells energy suppliers to put financial stability before dividends

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Britain’s energy regulator has warned suppliers not to pay dividends unless they are financially stable, as it seeks to avoid a repeat of last year’s energy crisis.

Jonathan Brearley, the chief executive of Ofgem, has written to company bosses warning them to “behave responsibly” as the price pressures…

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