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Ofgem boss: I know price rise is unwelcome news

Video Credit: ODN - Duration: 01:22s - Published
Ofgem boss: I know price rise is unwelcome news

Ofgem boss: I know price rise is unwelcome news

Ofgem's director general of markets says he is aware that increases in energy bill prices due to the energy regulator's new price cap is "unwelcome news" for customers.

Tim Jarvis blames the changes on the "international wholesale price of gas", which he says the UK is still reliant on.

Report by Faragt.

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