Companies

Oct 9: UK 'needs £200bn energy boost'

British consumers face the prospect of sharply higher energy bills to fund £200bn in investment in power plants and other energy infrastructure over the next 10-15 years to avoid energy shortages and meet climate change goals, Ofgem, the energy regulator, warned on Friday. Carola Hoyos, chief energy correspondent, explains why OfGem has come to this expensive conclusion.