SSE, Innogy delay UK retail tie-up as price cap looms
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LONDON (Reuters) - A deal to create the UK's second biggest retail power provider has been delayed to beyond the first quarter of next year, with SSE and Innogy renegotiating merger terms after Britain's regulator proposed a cap on energy bills. The merger, a major shake-up of the UK power market that would cut the dominant big six firms to five, comes after the government ramped up scrutiny of Britain's big energy suppliers, which it has accused of ripping off customers.SSE said the two firms..