The cost to taxpayers of bailing out collapsed energy supplier Bulb could end up being billions of pounds lower than estimated. The amount of taxpayer funding made available to run Bulb was slashed last month by £1.7 billion, documents filed by its administrators Teneo reveal. It fell from £3.9 billion to £2.2 billion. That makes the £6.5 billion estimate by the Office for Budget Responsibility (OBR) look unlikely. However, it would still make Bulb the largest taxpayer bailout since the … read more »
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