Half a million homes to be given new energy supplier after two more go bust
by Jillian Ambrose from World news | The Guardian on (#5PHBF)
Utility Point and People's Energy are the latest of seven companies to fail in the past year amid record energy market prices
About half a million households will be moved to a new energy supplier after Utility Point and People's Energy became the latest energy companies to go bust amid record energy market prices.
The latest casualties bring the total number of failed energy suppliers to seven in the past year, including five within the past five weeks, as the market price for gas and electricity has reached new all-time highs.
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