Is the UK heading for the Great British Energy Bake Off?

With 300% hikes in energy costs, UK bakeries are on the brink of insolvency, says new report

‘Nearly 60% of existing smaller energy suppliers are technically insolvent’

New analysis suggests 12 energy firms have negative assets on their balance sheets

Founders of collapsed energy supplier could allegedly get £50m payout

Research alleges that the Founders of People’s Energy may receive this amount once the business’s creditors are paid off

Business utilities retailer acquires insolvent energy comparison website

Love Energy Savings has taken over Energy Helpline which fell into administration in April

Germany pumps €10bn into Gazprom Germania

The German Government has confirmed it will put the company into long-term administration

Gazprom Marketing & Trading reportedly avoided insolvency this month

The company has allegedly averted insolvency after meeting a key monthly deadline

Council-backed energy firm is ‘working to find new funding’

Together Energy is reportedly in talks with professional services firm to raise additional capital

Energy supplier Green ‘in talks with insolvency advisers’

The company serves nearly 250,000 customers

British Steel to be sold to Chinese firm Jingye

The news comes after the steel company, which directly employs around 5,000 people, collapsed into insolvency in May after months of financial pressure