The session on Bulb Energy will feature witnesses including Ofgem boss Jonathan Brearley and Octopus Energy Chief Financial Officer Stuart Jackson

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

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

It is predicted that by spring 2023 the cost of bailing out Bulb could jump to £4bn, according to a new report

The energy supplier is reportedly keen on paying up to £200 million to take on Bulb’s 1.6 million customers

Centrica and UAE’s Masdar have also reportedly shown interest in Bulb’s 1.6 million customers

Bulb customers will pay an additional £13.33 a week for their energy use on average, the company said

The company’s administrators will reportedly appoint an asset management firm to handle the sale

Bulb’s special administrators reportedly revealed that by the end of last October the company had a total of £640 million of liabilities

London consulting firm Teneo is reportedly kept on standby to act as a “special administrator” amid fears that one large energy supplier could collapse soon