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UK regulator issues compliance reviews to suppliers over payment demands | Money

LONDON, May 3 — Britain’s power regulator has issued compliance evaluations to suppliers referring to greater fees to shoppers, Business Secretary Kwasi Kwarteng mentioned as we speak, saying some corporations had been rising common fees greater than essential.

“Suppliers have three weeks to respond … The regulator will not hesitate to swiftly enforce compliance, including issuing substantial fines,” Kwarteng mentioned on Twitter. — Reuters

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