Authorities received’t cease Bulb collapse including to power payments, MPs warn

Liz Truss’s authorities is failing to stop the price of power provider Bulb’s demise from being handed on to invoice payers, a cross-party group of MPs has warned.

Impartial consultants have warned that households might pay greater than £150 further on their power payments, with the price of bailing out Bulb set to prime £4bn by subsequent 12 months.

MPs on the Enterprise, Vitality and Industrial Technique (BEIS) choose committee needed the federal government to ensure the collapse of the agency – which went bust in November 2021 – was paid for via common taxation.