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City A.M.: Cameron reiterates support for innovation –destroying energy market interventions

Prime Minister David Cameron has voiced support for energy market intervention in a heated session of Prime Minister’s Questions today… Stephen Littlechild, fellow at Judge Business School, University of Cambridge, wrote in City A.M. that the policy would see “a reduction in competitive pressure” and “would result in further increases in prices and retail profits.”

 

Read the full article [cityam.com]