United Kingdom

United Kingdom

Regulation legislation

Regulation of the UK electricity and gas industries is to be combined under one Director General when OFFER and OFGAS merge on January 1, 1999, subject to legislation. The first Energy Regulator for Great Britain is to be Callum McCarthy from Barclays Bank in North America. He took over from the Gas Regulator at the end of October, and assumes the role of Electricity Regulator when present incumbent Stephen Littlechild, steps down at the end of December.

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