Centrica gets breathing space as May regulation plan in doubt
British utilities dipped on stock markets earlier this year after the UK's Conservative government pledged to cap household energy prices. The energy suppliers might now get a respite after Thursday's election casts doubts on the plans.
BY MATHEW CARR AND JESSICA SHANKLEMAN, BLOOMBERG
Britain's biggest utilities may get a respite from the regular attacks they've suffered from both left and right of the political specter after Prime Minister Theresa May's Conservative Party failed to secure a majority in Thursday's election, throwing her plan to cap household energy prices into doubt.
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