The U.K. should overhaul competition rules to speed up rulings and give consumers more choice, according to a government-commissioned review. John Penrose, the Conservative member of Parliament who carried out the review, recommended speeding up decision-making at the Competition and Markets Authority, giving it more powers over consumer rights, and…
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The publication this week of John Penrose‘s review into the effectiveness of UK regulation could be dismissed as simply another Whitehall shelf-filler. However, David Blackman argues that Penrose’s proximity to the centre of power mean his views are more likely than most to be acted upon. So, what could this mean for utilities?…
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“If competition works in favour of consumers rather than companies (or of business customers rather than their suppliers) then our post-covid, post-Brexit economy will grow faster and our society will be both happier, fairer and more just as well.” That’s just one of many headline comments from an independent report into the…
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Professor Andre Spicer, Professor of Organisational Behaviour, discusses the need for reduced bureauocracy — at company and governmental level — or there may be a heavy cost to consumers and their emotional wellbeing. Barriers to opportunity and progress are commonplace in business and industry, but they do not have to…
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