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Top Energy Firms Split on How U.K. Should Tackle Price Hike (1)

Jan. 19, 2022, 7:53 AM

Britain’s biggest energy companies can’t agree on what the U.K. needs to do to soften the blow of soaring bills for customers, making it harder for the government to tackle a cost-of-living crisis.

Octopus Energy Ltd., Britain’s fifth-largest gas and power supplier, is leading the push for a fund to help companies cope with the increase in wholesale costs. While the move is backed by some, several firms including Centrica Plc prefer instead actions including a tax cut, according to people familiar with the talks between the companies and the government.

Energy firms are still split just three weeks ...