We use cookies for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used.
Your guide to a disrupted world
Add this topic to your myFT Digest for news straight to your inbox
Hayden Wood had stayed on with a £250,000 salary after company was propped up with taxpayer bailout
Withdrawal by British Gas owner leaves just two potential bidders for failed energy group
Centrica and Abu Dhabi’s Masdar also in three-way race ahead of deadline at end of month
Last suppliers standing will have to pay penance for the sins of those that behaved less responsibly
Payments using taxpayer funds were made to retain employees as ministers seek buyer for business
Office for Budget Responsibility estimates support will now total £2.2bn
Exposure to rising fuel costs from Ukraine war means more funding likely to be needed to keep energy provider afloat
Prime minister prepares new UK energy strategy, seeking self-sufficiency following Russia’s invasion of Ukraine
UK energy supplier was bailed out with £1.7bn taxpayer loan after rise in wholesale prices
Outstanding credits, revealed by special administrator, could have to be met by UK taxpayers or from other consumers
Documents reveal risky policy behind failure that led to biggest UK state bailout since RBS
Proposal by fourth biggest supplier echoes demand by fuel poverty charity while Ofgem criticised in consumer report
Handling UK energy provider’s collapse via same process as smaller rivals would have cost £1.28bn, filings show
Government on hook after committing to prop up energy supplier until April
Mistake was to let companies take big commodity price risks backed in effect by the state
The lights going out at Bulb signals a worrying new stage to the energy crisis
Largest victim of price crisis will be run temporarily while alternative providers are sought for its 1.7m customers
Deal would create UK’s second-biggest energy supplier as sector reels from surging prices
Challenger company working with Lazard as record wholesale prices threaten sector
Undercutting incumbents and offering green power have helped grow market share
Regulator finds UK energy supplier did not comply with rules in three areas between 2017-20
Start-up suppliers battle to keep pace as more consumers seek less polluting sources
International Edition