Octopus Energy asks government for £1bn to buy Bulb
The firm is seeking the funds, which will be paid back, to take over the collapsed firm. …
The state bailout of Bulb is already expected to cost the taxpayer around £2bn by next year. But the Office for Budget Responsibility, the government’s independent forecaster, said in March: “Given the volatility in global energy markets, there remains uncertainty around the final cost.”
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