Customers in debt may face ‘unintended risks’ following SoLR process
A lack of regulatory clarity over how consumers in debt are treated when their supplier fails could lead them to face “unintended risks”, a former Labour shadow chancellor has warned. Chris Leslie, who is current chief executive of the Credit Services Association trade body, has written to Ofgem boss Jonathan Brearley calling on the regulator to issue guidance on how the administrators of failed suppliers should deal with customers in debt.
Standard content for Members only
To continue reading this article, please log into your Utility Week Account or subscribe now.Already registered?
Log inCheck to see if your company has a corporate membership here, to activate your account you’ll need to use your corporate email address and complete the registration form.
To discuss further options, call us on 01342 332057 or request a call back.