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40%: energy switching to independents
Actor Philip Glenister is the latest celebrity to front a TV advertising campaign telling consumers to switch energy supplier, and independents are winning. Between January and August the number of UK households to switch to an independent supplier jumped 40% year-on-year, according to data from Energy UK. Analysts at equity research house Jefferies reckon this trend will accelerate, anticipating independent suppliers’ market share to jump from 17% to 28% by 2019. (SF)