GB Energy Supply ceases trading after wholesale price rises
An energy firm with 160,000 customers has ceased trading, blaming recent rises in energy prices.
In a statement, GB Energy Supply said that as a "small supplier" business had "become untenable", but assured people their supply would not be affected.
Ofgem said it would appoint a new supplier and stressed that outstanding credit balances were protected.
The energy regulator advised customers to take a meter reading and wait until their new supplier contacted them.
In a letter to customers on the GB Energy Supply website, managing director Luke Watson said: "Due to... read more