Shell to supply energy to UK households after takeover of First Utility

Move by Anglo-Dutch oil firm expected to shake up market whose competitiveness has been under intense political scrutiny

The Anglo-Dutch oil company Shell will soon be selling electricity and gas direct to householders in the UK for the first time after buying one of the county’s biggest energy suppliers, First Utility.

The acquisition of the largest supplier outside of the “big six” compounds a year of upheaval in the UK energy market, which is already being transformed by the proposed merger of Npower and SSE and the imposition of price caps.

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from Mergers and acquisitions | The Guardian http://ift.tt/2BSIqJr