BBCNEWS BBC News September 20, 2021 10:02:00
That the country's sixth largest energy company, bulb, is seeking new funds as it battles to stay afloat amid surging energy prices. the company has 1.7m customers. wholesale gas prices have risen by 250 percent since january, after a cold winter put pressure on europe's supplies and reduced levels of stored gas. there has also been increased competition for liquefied natural gas, particularly from countries in asia which also experienced cold weather. some firms, particularly the smaller ones, are now in trouble, because the high cost of gas means they can't afford to sell it to customers at ...