OFT comments on price hike
Manx Gas tariff hikes had been in the offing for a few weeks, according to the OFT.
It was announced yesterday there would be a 3.5% rise whilst the standing charge would rise by 2.4% - both coming into effect on June 1.
The regulatory agreement in place means any profits the firm makes above 9.9% have to be returned to the customer.
OFT Chairman is Martyn Perkins
Sidecar competitor confident the class will return to the TT in 2027
Stephen Kershaw is part of the competitors' panel
Ramsey Swing Bridge 'a key line' for businesses
It's closed for essential repair works
Protecting farmers from impact of climate change 'a no brainer'
DEFA minister says recent conditions aren't favourable for Manx crops
Dogs to be allowed on Douglas Beach year-round as part of council trial
Councillor Natalie Byron-Teare says Glen Falcon will also be opened