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Britain hints at possible break-up of British Gas

Britain urged regulators Monday to launch a full-scale probe into profit margins in the domestic gas market, and hinted that Centrica unit British Gas could be broken up. Energy Secretary Ed Davey, a Liberal Democrat member of Conservative Prime Minister David Cameron's coalition government, made the appeal in a letter to energy watchdog Ofgem's head Andrew Wright. The letter marks the latest twist in a political row over Britain's high cost of living, ahead of a general election due in May 2015.
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