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

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

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

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