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End of licences and BSC? Radical change in view

Some fundamentals of the UK’s retail energy market – including licensed suppliers and central settlement – could disappear, if ideas circulating in think tanks and among regulators come to pass.Reshaping regulation  published by the Challenging Ideas group in October, described many of the industry’s “so-called ‘regulations’” as “simply long-standing business practices, accepted behaviours, standards not rules”, with “little to do with the statutory regulators”.

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