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Major supplier of electricity collapsed in the UK

The British firm Bulb, one of the seven largest energy companies in the United Kingdom, has gone bankrupt and got under external control. The financial collapse was caused by gas prices, which were established in the fall of 2021. The company's share of electricity suppliers in the UK was about 6%. Experts note that over the past three months, 25 electricity suppliers in the country have already filed for bankruptcy. Several million citizens were their clients. At the same time, the country's authorities are in a state of expectation ...

Modified: 11.24.2021
bankruptcy , bankruptcy of companies , UK , gas , Nord Stream 2 , crisis , Bulb , energy company
Path: РусБанкрот - СМИ

SEVERAL ENERGY FIRMS HAVE GONE BURST IN THE UK AT ONCE

... have already gone burst and four more may soon be closed down as well. The price for gas is to be blamed here - this year, its retail price has increased by 3.5 times. This... ... such a difficult situation, the authorities did not stay away from the problems. The UK Energy Secretary has already held dozens of meetings with the industry and its regulator... ... United States left the British market. This happened precisely because of the energy crisis that had ‘covered’ Europe. Now a situation of food inflation may arise, as the...

Modified: 09.20.2021
UK , crisis , gas , energy company , economy , bankruptcy
Path: РусБанкрот - СМИ
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