Orbit becomes latest UK energy supplier to go bust

Thu, 25 Nov 2021 15:29:14 GMT 4

Orbit becomes latest UK energy supplier to go bust


Ofgem announces firm’s collapse as number of households affected by a supplier failure nears 4m

Another UK energy supplier has gone bust, following the collapse of Bulb earlier this week, bringing the number of households affected by a supplier failure closer to the 4m mark.

Orbit Energy confirmed it was the latest casualty of the energy market crisis, bringing the total number of suppliers that have failed to 24 in fewer than 12 weeks, as companies unable to withstand higher wholesale prices go under.

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Source link for full text: https://www.theguardian.com/business/2021/nov/25/orbit-latest-uk-energy-supplier-bust


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