Gosh! What goes around, comes around. I recall many a meeting in Southern's offices in Maidenhead, and a lot of spreadsheet bashing, in the 1990s when I was part of a National Power team looking at how the two companies might merge. It didn't come off, of course, and National Power went on to combine with other suppliers, and demerge to form Innogy/nPower.
This move, assuming it goes ahead, will reduce the "big six" to five which is hardly a boost to competition. This will increase an already unpleasant headache for the government where persistent meddling in an imperfect market has done nothing to promote certainty, nor competition.
Watch this space.
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