FCA opens UK investigation into Drax annual reports
Probe follows allegations made by energy group’s former top lobbyist
Probe follows allegations made by energy group’s former top lobbyist

Energy engineering company probed over withholding information from auditors under FCA’s increased powers

Financial Reporting Council to examine two individuals and the firm itself over ‘unauthorised’ auditors’ reports

FCA to investigate ‘poor practices’ and ‘aggressive marketing’ in sector gaining prominence amid car finance mis-selling scandal

Castigating companies for ‘profiteering’ is nonsensical and unhelpful rhetoric

Official enquiries about grid connections suggest need for speedy energy access will support fossil fuel use

Company denies any accounting irregularity or retaliation