Eon boss warns of a repeat of energy market ‘gold rush’

Eon UK boss Chris Norbury has warned there is a risk of the energy retail market seeing a repeat of the ‘gold rush’ of badly run suppliers entering the market and later collapsing, leaving consumers to pick up their costs. Norbury was speaking to Utility Week following the recent publication of a report by the Public Accounts Committee (PAC) which raised concerns about the amount of taxpayer money used to facilitate the sale of Bulb to Octopus.