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British Gas owner Centrica has postponed a shareholder meeting scheduled next month due to an “unprecedented commodity price environment.” A company spokesperson said Centrica would not... | October 13, 2021
Failures would bring total to 13, as surging gas prices throw the industry into chaos
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British energy regulator Ofgem is expected to announce fresh supplier collapses as early as Wednesday, Sky News reported, after the watchdog warned last week that more companies could go bust with wholesale energy prices continuing to skyrocket.
Ofgem could confirm the collapse of four more energy companies which would bring the total that have collapsed since September to 13 with more expected to fold this winter.
Ofgem could confirm the collapse of four more energy companies which would bring the total that have collapsed since September to 13 with more expected to fold this winter.