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Ofgem: Gas companies β€˜overcharging in many cases’

Energy regulator Ofgem is calling on energy firms to lower their prices after a two-year decline in wholesale costs.

Chief executive Dermot Nolan told the Today programme that gas companies were β€œovercharging in many cases”.

β€œThe market is not working as competitively as it should be,” he told presenter Justin Webb.

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