New rules for water company insolvency in UK

The government has introduced updated legislation addressing water company insolvency, aiming to enhance options for special administrators to restructure financially troubled companies

Octopus aims to complete Bulb customer migration by June

Approximately 2.2 million Bulb accounts have already transitioned to Octopus

‘Thames Water investors could lose everything’

Experts caution Thames Water investors that if they withhold further funding and the company goes into administration, they risk losing their entire investments

Government prepares for Thames Water collapse concerns

Officials are reportedly considering the adoption of a similar administration regime, akin to the one implemented during the collapse of Bulb, for Thames Water

Australia inches closer to Britishvolt takeover

Australian firm Recharge Industries has been selected as the preferred bidder for the collapsed British EV battery startup

Bulb’s rescue to cost taxpayers £260m, says Octopus

Octopus decided to keep bills down for its customers, a move that averted the possibility of making a slim annual profit

Octopus labels rivals “desperate” in court over Bulb deal case

British Gas, E.ON and ScottishPower had raised concerns over the bidding process

Total cost of Bulb’s rescue ‘could be slashed by £840m’

The Treasury will reportedly make a net gain of £300m from Octopus in January based on prices this week

Bulb customers receive urgent message after takeover by Octopus

Households are being informed about the changes on energy bills as the takeover finalised a few days ago

High Court greenlights Bulb takeover by Octopus

A London court has set a date for the transfer of some of Bulb’s assets to a new separate entity