The BBC reported yesterday that EMR had been bumped from the upcoming Queen’s Speech, which is used to lay out the legislative programme for the forthcoming parliamentary session.

The UK's Department of Energy and Climate Change (DECC) was quick to deny the report, telling the BBC it was “categorically untrue”.

Euan McVicar, a partner at Pinsent Masons law firm specialising in energy, says that even if the legislation were delayed, it “would not be a complete disaster”.

“The