Spark Energy goes bust and leaves 290,000 without a supplier

Spark Energy goes bust and leaves 290,000 without a supplier
 

An energy firm with nearly 300,0000 customers has become the biggest electricity and gas supplier to go bust in the UK, fuelling concerns that more challenger firms could fold.
Spark Energy is the seventh supplier to fold this year amid pressure from rising wholesale costs and tough competition. The closure will mean the loss of more than 400 jobs at the firm’s headquarters in Selkirk in the Scottish Borders.
The company’s 290,000 customers were urged by the industry regulator to take meter readings immediately and not to attempt to switch, in order to avoid problems as the energy regulator... read more

 
23 November 2018 in Business, Views: 114
Source: Guardian
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