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
into ambulances lifeless and barefoot. the chilling sign of people who have tried to run but not been able to. the crush started in a small alleyway it was so packed, people were stuck, elbow to elbow. they had barely an inch to move when the crowd surged forward. translation: the incident happened as large numbers of people fell down during the halloween festival, which caused serious injuries. this area of seoul is one of the most popular places for a night out, for locals and tourists. it s the place to celebrate halloween and it s estimated 100,000 had come tonight. there were so many people to the point we were being crushed on the pavement, to the point where we had to spill onto the road where there were cars. no one really understood what was going on. but there were already several police cars at the scene in front of itaewon station, and police standing on top of their police cars, desperately trying to tell people to leave the area as soon as possible. sirens w
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 one and a half million customers. our business reporter, ramzan kamali, has the details. the energy market was in disarray this time last year. dozens of firms went bust as energy prices soared. the regulator, ofgem, increased what was then known as the energy price cap. the biggest victim was bulb, put in a special administration, kept going by a huge government bailout. today octopus are confident the takeover of bulb s customers would be a smooth one. octopus has a great track record of bringing large numbers of customers across, for example, when avro fell, it was the largest company to date, we were able to look after those customers and staff pretty seamlessly. with bu
and electricity prices. the government has spent billions of pounds keeping the company afloat since it went into administraton. the deal means octopus will take on bulb s 1.5 million customers. our business reporter ramzan kamali has the details. bulb biggest green energy company. it was the biggest energy company to go bust. last november bulb went into administration. it was only kept going by the government which pumped hundreds of millions of pounds into the business but now a deal has been struck that it is hoped will give relief notjust to customers and taxpayers but also hundreds of staff. today octopus were confident that the takeover of bulb s customers would be smith. octopus has great experience of bringing large numbers of customers across, so for example when the largest to date failed we were able to look after those customers and staff pretty seamlessly, and i think with bulb the experience we have got means we are probably the natural choice. in means we are