Originally posted by mattster
View Post
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Energy Crisis
Collapse
X
Collapse
-
-
Originally posted by mattster View Post
Pure Planet was our one - no idea who we'll be lumped with now.merely at clientco for the entertainmentComment
-
Originally posted by eek View Post
Quite possibly no-one as I suspect the last thing any existing provider wants in another set of customers that they will lose money on and are likely to leave if a better offer arrives in a few months time."You’re just a bad memory who doesn’t know when to go away" JRComment
-
Originally posted by SueEllen View Post
Under Ofgem rules someone will be forced to take them on.Originally posted by MaryPoppinsI'd still not breastfeed a naziOriginally posted by vetranUrine is quite nourishingComment
-
Originally posted by SueEllen View Post
Under Ofgem rules someone will be forced to take them on.
A City firm has been put on standby to take control of a large energy company amid fears that one could collapse soon, overwhelming the existing safety net put in place by the regulator, Ofgem.
The management consulting company Teneo is understood to have held talks with the regulator about acting as “special administrator” under a government scheme, as yet untested, for handling large energy company failures.
In theory, the company would take on the operations of a failed energy supplier to ensure no interruption of service or supply to customers.
The backup option, first reported by Sky News, is being readied in light of mounting concern that Ofgem’s “Supplier of Last Resort” system, under which a healthy energy supplier agrees to take on customers from a collapsed rival, is at breaking point.
Ofgem prepares for looming failure of a leading energy supplier | Energy industry | The Guardianmerely at clientco for the entertainmentComment
-
In theory everyone could go bust I suppose!Originally posted by MaryPoppinsI'd still not breastfeed a naziOriginally posted by vetranUrine is quite nourishingComment
-
Originally posted by eek View Post
So why is Ofgem doing the following.
Ofgem prepares for looming failure of a leading energy supplier | Energy industry | The Guardian"You’re just a bad memory who doesn’t know when to go away" JRComment
-
Comment
-
Originally posted by mattster View PostWe've been shunted on to Shell Energy from Pure Planet, FWIW. Time to lube up I guess.Originally posted by MaryPoppinsI'd still not breastfeed a naziOriginally posted by vetranUrine is quite nourishingComment
-
Originally posted by d000hg View Post
Same here. But you will be paying the same as everyone else. The price cap is effectively a huge 6-month discount as things stand.Comment
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Comment