Energy Regulator Faces Blow From CMA Report

Britain's energy sector may be beset by excessive regulation which acts as a barrier to new market entrants, competition watchdogs will say on Wednesday. Sky News has learnt that the Competition and Markets Authority (CMA) is likely to label the energy industry's regulatory framework as an ongoing "theory of harm" that requires further investigation. The development, which will be included in an issues statement published by the CMA, will represent a blow to Ofgem, the energy