MPs say Avro Energy bosses’ negligence led to the company’s collapse

The cost of the company’s collapse, which will be borne by billpayers, is estimated at £700 million

Octopus Energy takes on customers of UK Energy Incubator Hub

Nearly 3,000 customers of the troubled supplier will be transferred to Octopus

Avro Energy bosses were paid £250k a month

The company’s chief faced MPs’ questions on energy price crisis management and customer treatment

Ofgem to appear in court today

Administrators are reportedly challenging the regulator’s status as a creditor in the collapse of three suppliers

Avro Energy left the market ‘owing £90m to customers’

Administrators of failed supplier said the company “had no external funding or security over its assets”

Ofgem ‘prepares for four more blasts’ in energy market

The energy regulator will reportedly activate again its Supplier of Last Resort process today

Rumours of Bulb takeover by Octopus

The UK’s sixth-largest energy company is reportedly racing to secure a bailout to stay afloat

Octopus chosen to take on failed Avro Energy’s 580,000 customers

Energy supplies will continue as normal for the customers and any outstanding credit balances, including money owed to both existing and former domestic customers, will be honoured

Energy consultancy offers jobs to employees of collapsed supplier Green

The roles on offer include Lead Generators and Energy Consultants

UK’s domino effect: More energy suppliers announce they have gone under

Avro Energy and Green Supplier Limited serving a total of 835,000 customers went bust