the household energy supplier octopus is to buy its competitor bulb the largest energy company to collapse last year, amid soaring wholesale gas and electricity prices. since then, the government has spent billions of pounds keeping bulb afloat. but now, octopus has agreed a deal to take on the company s 1.5 million customers. our business reporter, ramzan kamali, has the details. the energy market was in disarray this time last year, dozens of firms going bust as energy prices soared. the regulator, ofjam, increased regulator, of jam, increased what regulator, ofjam, increased what was then known as the energy price cap, the biggest victim bulb, putting on a special administration, kept going by huge government bailout. today octopus are confident the takeover of bulb s customers would be smooth. . , bulb s customers would be smooth. , ., bulb s customers would be smooth. , smooth. octopus has a good track record smooth. octopus has a good track record of smooth. octop
the largest company today, we could look after the customers and staff pretty seamlessly. with bulb, the experience we got means we are properly natural choice. got means we are properly natural choice. interests or 1.5 million natural choice. interests or 1.5 million customers - natural choice. interests or 1.5 million customers of. natural choice. interests or. 1.5 million customers of bulb moving to octopus, bailing them out with a $1.7 trillion loan but the office of budget responsibility printed the total baler package would be to 2p. this still could save taxpayers millions. i 2p. this still could save taxpayers millions. i think it d be good. taxpayers millions. i think it d be good. for- taxpayers millions. i think it d be good. taxpayers millions. i think it d be good. for octopus| taxpayers millions. i think it d be good. for octopus to take over bulb and relieve the taxpayer of the burden of running of the moment, also, make bulb customers give the more confident, com