Scottish accountant says open energy market has ‘completely backfired’
Scottish accountant says open energy market has ‘completely backfired’
Putting the latest failed energy supplier under a “special” administration will help to avoid a further collapse at another supplier, a Scottish insolvency expert has said.
Accountant Alistair Dickson, head of SKSi Scotland, yesterday urged the UK Government to do more to regulate the sector.
Action is needed to stop any more firms with “inadequate funding, inappropriate hedging strategies and nonsense valuations” being created in the industry, he said.
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