Zog Energy becomes latest firm to collapse in gas price crisis
Zog Energy, which has about 11,700 domestic energy customers, ceased trading on Wednesday. …
The firm, which has about 1.7 million customers, was put into special administration because its size meant the regulator was unable to find another company to take over Bulb’s customers. This means Bulb is being run by the government through the regulator Ofgem. That will allow it to keep trading with a £1.7bn loan.
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