Octopus to repay £3bn for Bulb bailout
Octopus Energy is set to return nearly £3 billion to the government, reimbursing taxpayers for…
Tag: special administration
New rules for water company insolvency in UK
The government has introduced updated legislation addressing water company insolvency, aiming…
Octopus aims to complete Bulb customer migration by June
Approximately 2.2 million Bulb accounts have already transitioned to Octopus
‘Thames Water investors could lose everything’
Experts caution Thames Water investors that if they withhold further funding and the company…
Government prepares for Thames Water collapse concerns
Officials are reportedly considering the adoption of a similar administration regime, akin to…
Australia inches closer to Britishvolt takeover
Australian firm Recharge Industries has been selected as the preferred bidder for the collapsed…
Bulb’s rescue to cost taxpayers £260m, says Octopus
Octopus decided to keep bills down for its customers, a move that averted the possibility of…
Octopus labels rivals “desperate” in court over Bulb deal case
British Gas, E.ON and ScottishPower had raised concerns over the bidding process
Total cost of Bulb’s rescue ‘could be slashed by £840m’
The Treasury will reportedly make a net gain of £300m from Octopus in January based on prices…
Bulb customers receive urgent message after takeover by Octopus
Households are being informed about the changes on energy bills as the takeover finalised a few…
