Live Breaking News & Updates on Last Resort Process

Stay updated with breaking news from Last resort process. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Transcripts for BBCNEWS BBC News 20211122 14:12:00

Energy will carry on being supplied as normal and any credit balance that you may have built up will be protected. and there are not any better deals out there any way with energy prices going up, so the advice isjust to energy prices going up, so the advice is just to sit tight, wait for the process to resolve itself, but some websites also recommend that you keep any copies of statements carefully, just in case there is a dispute later on down the line that you need to resolve. i know it is incredibly difficult to predict what might happen, but are there many other suppliers who might fall into difficulties at the moment? fall into difficulties at the moment? ~ , , ., moment? well, it is definitely a difficult market. moment? well, it is definitely a difficult market. the moment? well, it is definitely a difficult market. the thing - moment? well, it is definitely a difficult market. the thing that. moment? well, it is definitely a i difficult market. the thing that did for bulb ....

Energy Prices , Credit Balance , Last Resort Process , Gas Prices , Bulb Energy , Electricity Prices , Price Cap ,

Transcripts for BBCNEWS BBC News 20211122 14:11:00

What has happened to bulb energy? hunter was one of the most successful challenges to the big six energy suppliers that have dominated the market in recent years ? back bulb energy was successful. it marketed itself as a green supplier with renewable electricity and carbon neutral gas and with over 1.7 million customers, it was too big to go through the process that of a failed energy companies have gone through, the so called supplier of last resort process, where they get transferred to another supplier. it is going on to something called the special administration scheme, which means it will keep trading with some government support, if necessary, until it can either be restructured, so put back on its feet financially, or sold, or indeed eventually shut down and customers transferred onto other suppliers in due course. what other suppliers in due course. what should customers other suppliers in due course. what should customers then other suppliers in due course. what should cu ....

Back Bulb Energy , Big Six Energy Suppliers , Bulb Energy , Last Resort Process , Energy Companies , 1 7 Million , Government Support ,

Transcripts for BBCNEWS BBC News 20210923 09:46:00

Of energy supply, this is a strength, not a weakness. the secretary strength, not a weakness. the secretary of strength, not a weakness. the secretary of state strength, not a weakness. the secretary of state is absolutely right secretary of state is absolutely right to secretary of state is absolutely right to focus on consumers and try not to right to focus on consumers and try not to trail right to focus on consumers and try not to bail out energy firms that have not to bail out energy firms that have got not to bail out energy firms that have got things wrong or are too fragile have got things wrong or are too fragile. would he please explain to us how fragile. would he please explain to us how he fragile. would he please explain to us how he is dealing with customers who are us how he is dealing with customers who are currently with supplies that didn t who are currently with supplies that didn t go who are currently with supplies that didn t go bust or ar ....

Decarbonise Energy , Secretary Of State , Energy Firms , Energy Supply , Didnt Go Who , Didnt Go Bust , Sem Encountering Resistance , Last Resort Process , Last Resort , Su L , Small Energy Companies , Price Cap ,

Transcripts for BBCNEWS Energy Price Crisis 20210923 19:38:00

In receipt of may in debt or prepayment metres are in receipt of other may in debt or prepayment metres are in receipt of other sorts may in debt or prepayment metres are in receipt of other sorts of in receipt of other sorts of benefits in receipt of other sorts of benefits like in receipt of other sorts of benefits like the in receipt of other sorts of benefits like the warm - in receipt of other sorts of i benefits like the warm home in receipt of other sorts of benefits like the warm home discount where benefits like the warm home discount where that benefits like the warm home discount where that is benefits like the warm home discount where that is not benefits like the warm home discount where that is not exactly benefits like the warm home discount where that is not exactly clear - benefits like the warm home discount where that is not exactly clear how. where that is not exactly clear how each supplier where that is not exactly clear how each supplier w ....

Price Rises , Hammer Blow , Credit Uplift , Home Discount , Energy Prices , Damage Limitation , Inflation Pressures , Inflation Uplift , Last Resort Process , Daniel Cooke , Energy Supply ,