John Penrose MP demands ‘sleeping’ energy regulator pulls plug on £7.5bn power rip-off

FURIOUS MPs and former Ministers are demanding the “sleeping” energy regulator pull the plug on a £7.5billion power rip-off exposed by the Sun. Tory and Labour MPs have joined forces to call for action against regional network companies they claim are making nearly SIX TIMES as much as domestic energy…

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Article: A Property Register will make Britain a world leader in transparency once again

The following is written by John Penrose for Conservative Home… I’m delighted to hear that the Government is today going to set out a clear timetable for our long-promised legislation to break the secrecy surrounding foreign owners of British property. Back in 2015, Britain became the first country in the…

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John Penrose says we don’t want murky shell companies owning British property with plundered or laundered cash…

Theresa May will set out a timetable to break the secrecy surrounding the foreign ownership of British property worth billions after facing a House of Lords defeat at the hands of two Conservative peers. Lord Faulks, a former Tory justice minister, and Lord Hodgson have been calling on the government to establish…

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If Ofgem lets DNOs go on getting fat at energy bill-payers’ expense, it should be scrapped and replaced…

Utility Week reports on John Penrose MP’s reaction to the findings that huge profit margins being claimed by Distribution Network Operators are adding £20.00 to household energy bills… High electricity network profits ‘adding £20 to household bills’ Distribution network operators (DNOs) are making profits “beyond most companies’ wildest dreams”, the…

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