Ofgem opens probe into Economy Energy Trading

Ofgem has launched an investigation into sales practices by Economy Energy Trading Limited. The company supplies electricity and gas to domestic customers mostly on pre-payment meters.  Citizens Advice service raised concerns with Ofgem in July 2016 relating to a high…

Engie faces EU tax probe in Luxembourg

The European Commission has opened an in-depth investigation into Luxembourg’s tax treatment of Engie (previously known as GDF Suez). The Commission will assess in particular whether Luxembourg tax authorities selectively derogated from provisions of national tax law in tax rulings…