Bailing Outi News Today

They are becoming reluctant. thats because the prices they can charge are capped by the regulator, ofgem, while the cost of the energy they buy has risen dramatically, meaning they could lose money. but the government insists it wont prop up failing suppliers, and talk of government—backed loans to help surviving firms with increased costs has also died down. our approach will be - informed by the following principles — protecting _ the customers, especially vulnerable ones, from price spike...

The customers, especially vulnerable ones, from price spikes, and i the solution to this crisis will be found from the industry and the market, as is i already happening, and _ government, i repeat, will not be bailing outi failed energy companies. but the opposition says the government hasn�*t done enough to avoid a crisis. on monday, i said to the secretary of state that he was being far too complacent about the situation we are facing. events since have unfortunately borne this out. complac...