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Ofgem director Christine Farnish quits over energy price cap

Non-executive board member says regulator ‘gave too much benefit to companies at expense of customers’

A director at energy regulator Ofgem has resigned, accusing it of favouring businesses over consumers with a rule change that will add as much as £400 to the average UK household energy bill.

Christine Farnish, a non-executive member of the Gas and Electricity Markets Authority (GEMA), Ofgem’s board, tendered her resignation to the business secretary Kwasi Kwarteng in early August.

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