The UK government is set to recoup hundreds of millions of pounds from the sale of the collapsed power supplier Bulb to Octopus Energy as long as wholesale gas prices do not rise again in the coming months. The Whitehall financial watchdog had predicted that taxpayers could lose up to £6.5bn as a result of Bulb’s 2021 failure, which prompted the biggest state rescue of a business since the financial crisis. The potential payback from the Octopus deal will raise … read more »
The post Bulb appeared first on No2NuclearPower.
