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Energy crisis: creating lots of small suppliers was always a bad idea - now taxpayers will foot the bill

  • Written by Lawrence Haar, Senior Lecturer in Finance, University of Brighton

A handful of small energy suppliers in the UK have collapsed in recent weeks because they have been caught out by the massive rise in wholesale gas and electricity prices – and dozens more are in danger of going the same way. If they fail, the government is hoping that stronger energy suppliers will take over their many thousands of...