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Bulb Energy

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  • Thursday, 30 June, 2022
    UK energy
    Bulb boss to leave collapsed UK energy supplier

    Hayden Wood had stayed on with a £250,000 salary after company was propped up with taxpayer bailout

  • Sunday, 26 June, 2022
    Centrica pulls out of Bulb auction in blow to government

    Withdrawal by British Gas owner leaves just two potential bidders for failed energy group

  • Friday, 10 June, 2022
    UK energy
    Octopus submits last-minute bid for electricity supplier Bulb

    Centrica and Abu Dhabi’s Masdar also in three-way race ahead of deadline at end of month

  • Monday, 25 April, 2022
    Cat Rutter Pooley
    Energy companies are learning the lessons of the banking crisis

    Last suppliers standing will have to pay penance for the sins of those that behaved less responsibly

  • Sunday, 24 April, 2022
    Failed UK power supplier Bulb pays millions of pounds in bonuses to staff

    Payments using taxpayer funds were made to retain employees as ministers seek buyer for business

  • Wednesday, 23 March, 2022
    Spring Statement
    Taxpayers face additional £500mn bill for Bulb Energy bailout

    Office for Budget Responsibility estimates support will now total £2.2bn

  • Thursday, 17 March, 2022
    Energy sector
    Taxpayers face further Bulb losses due to government hedging block

    Exposure to rising fuel costs from Ukraine war means more funding likely to be needed to keep energy provider afloat

  • Monday, 7 March, 2022
    UK energy
    Boris Johnson looks to increase North Sea oil and gas production

    Prime minister prepares new UK energy strategy, seeking self-sufficiency following Russia’s invasion of Ukraine

  • Friday, 4 February, 2022
    Bulb Energy administrators prepare to appoint Lazard to find buyer

    UK energy supplier was bailed out with £1.7bn taxpayer loan after rise in wholesale prices

  • Wednesday, 19 January, 2022
    UK energy
    Failed power supplier Bulb owed £254m to customers from prepaid bills

    Outstanding credits, revealed by special administrator, could have to be met by UK taxpayers or from other consumers

  • Tuesday, 11 January, 2022
    Energy supplier Bulb’s hedging strategy led to collapse, report shows

    Documents reveal risky policy behind failure that led to biggest UK state bailout since RBS

  • Wednesday, 8 December, 2021
    UK politics & policy
    EDF calls for VAT windfall to be given to struggling UK households

    Proposal by fourth biggest supplier echoes demand by fuel poverty charity while Ofgem criticised in consumer report

  • Friday, 3 December, 2021
    Bulb’s £1.7bn rescue came despite cheaper option, documents show

    Handling UK energy provider’s collapse via same process as smaller rivals would have cost £1.28bn, filings show

  • Thursday, 25 November, 2021
    UK energy
    Taxpayer left exposed to gas price swings after £1.7bn Bulb rescue

    Government on hook after committing to prop up energy supplier until April

  • Thursday, 25 November, 2021
    Helen Thomas
    Poor regulation, not price cap, to blame for energy market mayhem

    Mistake was to let companies take big commodity price risks backed in effect by the state

  • Thursday, 25 November, 2021
    Serious MoneyClaer Barrett
    Have you got money to burn on energy bills?

    The lights going out at Bulb signals a worrying new stage to the energy crisis

  • Monday, 22 November, 2021
    UK energy group Bulb to enter special administration

    Largest victim of price crisis will be run temporarily while alternative providers are sought for its 1.7m customers

  • Monday, 4 October, 2021
    Energy sector
    Ovo prepares bid for Bulb

    Deal would create UK’s second-biggest energy supplier as sector reels from surging prices

  • Sunday, 19 September, 2021
    Utilities
    UK energy supplier Bulb in talks to secure new funding sources

    Challenger company working with Lazard as record wholesale prices threaten sector

  • Monday, 22 March, 2021
    News in-depthRenewable energy
    Bulb Energy tops FT 1000 ranking with focus on renewables

    Undercutting incumbents and offering green power have helped grow market share

  • Thursday, 13 August, 2020
    UK energy
    Bulb to pay £1.76m for overcharging customers and other failures

    Regulator finds UK energy supplier did not comply with rules in three areas between 2017-20

  • Sunday, 9 September, 2018
    Renewable energy
    Bulb founders warn on demand for UK green power

    Start-up suppliers battle to keep pace as more consumers seek less polluting sources

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