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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
61% of retail CFD accounts lose money. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more at https://etoro.tw/44JRWLY
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
61% of retail CFD accounts lose money. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more at https://etoro.tw/44JRWLY
CFDs and FX are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
61% of retail CFD accounts lose money. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more at https://etoro.tw/44JRWLY
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Capita Contests £24m Ofgem Cost Proposal
Ofgem has proposed disallowing up to £24m of costs at Capita's Smart DCC subsidiary, below last year's draft. Capita will contest it, and the unit sits outside its group accounts.
Capita (LON: CPI), the UK outsourcing and business-services group, said before the London open today that Ofgem has proposed disallowing up to £24m of costs at its Smart DCC subsidiary for regulatory year 2025/26. Capita says it will contest the figure.
The shares were up 1.05% at 267.27p at 9.46am, against yesterday’s close of 264.5p, in a day range of 265p to 276.5p. That is a delayed quote, not a close. It sits above the three-month low of 196.2p on the 6th of October and below the closing high of 304p on the 20th of October.
CPI.LSE
Ofgem, the energy regulator that sets and audits the Smart DCC price control, has opened a consultation on the draft decision. Smart DCC held the smart-meter communications licence, and its network connects more than 39.2m meters across 23m homes and small businesses.
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Capita says the process is part of the usual regulatory framework. Its statement to the market said:
As in previous years, Smart DCC Limited will engage constructively with Ofgem during the consultation period to seek a reduction to the level of disallowed costs, ahead of the final price determination in Q1 2027.
Capita plc
The £24m is below the £31m in last year’s draft, a cut of about £7m, or roughly 23%. A draft determination is Ofgem’s provisional decision, open to challenge. Proactive Investors reports the consultation closes on the 8th of January.
Capita share price, late July to 10 November; last point is a morning quote, not a close.
Smart DCC Limited is a wholly-owned subsidiary whose results are kept out of Capita’s group accounts. The licensed business has recently moved to a not-for-profit structure, meaning the holder no longer earns a profit margin. The licence reportedly passed to DCC2 Ltd on the 2nd of November.
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Capita has not said how any disallowed cost would reach the group, so the direct effect is unclear. The open questions are the final figure and how any cost lands, with Ofgem’s final decision due in the first quarter of 2027.
The AskTraders Analyst Team features experts in technical and fundamental analysis, as well as traders specializing in stocks, forex, and cryptocurrency.
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