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Brits flock to sign up for green energy start-up Bulb as revenue hits £1.5bn


Bulb CEO Hayden Wood
Credit: Julian Andrews
Britons jumping on the green power movement spurred a spike in sales at renewable energy supplier Bulb last year, sending revenue almost doubling as it cut its losses.
Bulb, which provides customers with 100pc renewable electricity and gas which is carbon neutral, said the number of people using its service in the UK was up 46pc last year, and it was now in 1.7 million properties.
Revenues for the year to the end of March 2020 came in at £1.5bn compared to £823m a year earlier, helping narrow operating losses from £128m from £59m.
The company said this growth meant it more than doubled its headcount over the course of the year, and by the end of last March had 510 staff, up from 203 a year earlier. Since then, its teams have grown even further, hitting more than 1,000.  ....

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2020 has revealed the limits of technology


2020 has revealed the limits of technology
We will always want to interact with other humans, but we remain as divided as ever about how society should be run
27 December 2020 • 6:00pm
This has always been a strange time of year, stranded between the recent Christmas festivities and the coming celebration of the new year. But this year it feels even more peculiar, with not much festivity to recover from and perhaps not much celebration to look forward to.
In a normal year, I use this time to look back on the last 12 months, commenting on what happened and on how well my forecasts performed. This year, however, that seems otiose. ....

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