StoneRoad2013's photos with the keyword: insolvent
clch - energy crisis 3 : gone bust {3 of 3} : 30th…
01 Dec 2021 |
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A total of 22 [+ 1] energy companies have gone bust since 1st September 2021 [to 30th November 2021]
Note :- the +1 is "Bulb Energy" which is in a form of special administration as a preventative measure against insolvency.
The root cause has been the excessive increases in gas prices, which because of fixed price deals & various regulations can't be passed on to the consumer [therefore the supplier spends more than their income and goes bust].
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