The boss of commercial supplier Yu Energy said he expects it to remain in profit as it deals with the consequences of spiralling energy prices.
Bobby Kalar, chief executive of the Nottingham-based independent supplier of gas, electricity and water to the UK corporate sector, said the business had not only “weathered the storm” but “blown it away” in all key areas.
While others had gone under, the business, which deals with almost 32,000 “meter points”, said it had benefited from “higher tariffs as a result of commodity market prices”.
