With smaller suppliers going bust every few days, the big guns are having to take on a raft of new customers. CEO Keith Anderson said each new one was costing his company £1,000 under the cap. He put the total cost to the industry at up to £5bn.
You probably know the background by now. A sudden spike in global gas prices has left the UK’s domestic energy sector flailing. The cap means customers are paying less for their energy than it costs to supply.
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