Back The Guardian Treasury sets aside up to £1.7bn to cover Bulb’s winter running costs after collapse
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24 Nov 4:07pm

Treasury sets aside up to £1.7bn to cover Bulb’s winter running costs after collapse

The Guardian
Taxpayer to shoulder cost of running collapsed firm after fundraising plans scuppered by energy crisis The Treasury has set aside up to £1.7bn to cover the cost of running Bulb Energy through a special administrator this winter after the supplier’s collapse on Monday. Britain’s seventh-largest supplier has become the first energy company to be put forward for a “special administration” process so it can continue to provide gas and electricity to its 1.7 million customers through the winter
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