Gas Market Fraud Debate

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Gas Market Fraud

Sandra Osborne Excerpts
Tuesday 13th November 2012

(12 years ago)

Commons Chamber
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Ed Davey Portrait Mr Davey
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I could not agree more with my hon. Friend. It is absolutely critical that markets are fair, because British consumers deserve fair markets. In my previous ministerial role at the Department for Business, Innovation and Skills, I was charged with reviewing competition law. I was responsible for a lot of the reforms in the Enterprise and Regulatory Reform Bill, because I believe that we need to ensure that our markets are working properly and in the public interest.

Sandra Osborne Portrait Sandra Osborne (Ayr, Carrick and Cumnock) (Lab)
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How can the Secretary of State still have confidence in Ofgem when it has signally failed to force the energy companies to pass on price cuts to consumers? Our constituents are suffering badly as a result of that.

Ed Davey Portrait Mr Davey
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I refer the hon. Lady to Ofgem’s “Retail Market Review”, which was published recently after a great deal of study. It contains a set of proposals for how we might reform tariffs. I commend the review to all right hon. and hon. Members. We are reading it in detail before we come forward with our own proposals to help customers around the country with their tariffs.