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The Independent UK
The Independent UK
National
Adam Forrest and Holly Bancroft

‘Bewildering’: Government won’t stop Bulb collapse adding to energy bills, MPs warn

PA Wire

Liz Truss’s government is failing to prevent the cost of energy supplier Bulb’s demise from being passed on to bill payers, a cross-party group of MPs has warned.

Independent experts have warned that households could pay more than £150 extra on their energy bills, with the cost of bailing out Bulb set to top £4bn by next year.

MPs on the Business, Energy and Industrial Strategy (BEIS) select committee wanted the government to make sure the collapse of the firm – which went bust in November 2021 – was paid for through general taxation.

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