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Energy crisis: Bulb needs urgent new funding according to reports - Vimarsana News

Energy crisis: Bulb needs urgent new funding according to reports

Energy firm Bulb is in further talks with investors amid reports it is going to collapse.

Ofgem to launch consultation on how energy price cap is calculated - Vimarsana News

Ofgem to launch consultation on how energy price cap is calculated

The energy regulator will review the way it caps bills for millions of households across Britain as a major spike in gas prices has driven multiple suppliers to failure.

Factbox-British energy suppliers dwindle as gas prices soar - Vimarsana News

Factbox-British energy suppliers dwindle as gas prices soar

-British energy suppliers are grappling with soaring wholesale gas prices that have led to the collapse of a number of energy companies, forcing more than 2 million customers so far to switch...

Goto Energy with 22,000 customers is 13th supplier to cease trading since start of September - Vimarsana News

Goto Energy with 22,000 customers is 13th supplier to cease trading since start of September

The energy regulator Ofgem has confirmed that Goto Energy is the latest firm to fold amid the growing gas price crisis which has already claimed at least 13 companies since September.

Energy suppliers offering deals more than £700 above Price Cap: What should customers know? - Vimarsana News

Energy suppliers offering deals more than £700 above Price Cap: What should customers know?

The UK has been shaken by the recent news of the energy market crisis. The main reason for the crisis is that wholesale prices of gas have increased by 250% since January, and by 70% since August. This graph shows the hike in gas prices. Stuck between these increased costs…