Gas retail

Monthly electricity switches drop to lowest level since 2012

Outfox the Market applies to become gas shipper

Weekend press round-up: Third of remaining suppliers at risk of collapse

In the latest round-up of the weekend’s industry news there is a report in The Telegraph that a third of the UK’s remaining energy suppliers are at “imminent risk” of collapse. Elsewhere the government is accused of sending out bad advice on energy bills. Meanwhile, businesses give their verdict on the COP26 deal.

Energy crisis will take retail market to ‘a better place’

The recent turmoil caused by the global spike in gas prices will ultimately be “hugely beneficial” for the energy retail market, an industry analyst has claimed. Martin Young, senior analyst at Investec, said the crisis, which has contributed to the failure of more than 20 suppliers so far this year, should “hopefully mark the end of this insane desire for switching for switching’s sake.”