Big threat from small tech firms


Staying competitive: Centrica, the largest supplier, says it’s already committed to making switching faster and easier. — Reuters

LONDON: The latest threat to the dominance of Britain’s six biggest energy suppliers is coming from small technology companies that automatically switch consumers to the cheapest deal.

Their emergence couldn’t come at a worse time for the industry, which is already beset by lawmakers capping rates and suffering from perennial mistrust by consumers.

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Business , UK , utilities , startups

   

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