Duties of Economic Regulators: Utilities

Part of Business and Trade – in the House of Commons on 23 March 2023.

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Photo of John Penrose John Penrose Conservative, Weston-Super-Mare

I welcome the bright and shiny new ministerial team to their roles, and I urge my right hon. Friend the Secretary of State, as the new broom, to get this moving a lot faster. Some economic regulators are too expensive, too slow and too soft, so could we use the upcoming competition Bill to refocus them on sharper competition so that consumers get better deals and fewer rip-offs, because otherwise we will miss the best opportunity for years?