Soaring gas prices send UK Electric Co. under administration


By Rick Archer (November 23, 2021, 12:48 p.m. EST) – UK electricity supplier Bulb Ltd. electric tariffs.

In an article published on its website Monday, Bulb – which serves around 6% of the UK electricity market – said talks to secure new financing for the company had failed due to current gas prices and the cap on gas prices. price adopted by the UK Government’s Office of Gas and Electricity Markets. in August means he is forced to sell electricity at a “significant loss”.

In its announcement, the company …

Stay one step ahead

In the legal profession, information is the key to success. You need to know what’s going on with customers, competitors, practice areas, and industries. Law360 provides the intelligence you need to stay an expert and beat the competition.

  • Access to case data in articles (numbers, filings, courts, nature of prosecution, etc.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, requests, etc.
  • Create personalized alerts for specific case articles and topics and more!



Comments are closed.