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Have to say that while I called Bulb going bust months ago I didn't expect the government to be taking them over.
There were noises about it a few months ago, I think I mentioned it on here somewhere as a possibility. May well be the cheapest option compared to redistributing their customers and the costs coming out in everyone's tariffs.
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I mentioned it first about two months ago and linked to the FT article, who I'm pretty sure broke the story, so all credit to the FT:
https://www.lfgss.com/comments/16185843/Since then loads of people have kept posting 'guyz, I think Bulb might be about to go bust!'.
No shit :)
My referral link is still working!
https://share.octopus.energy/wind-clove-763
Have to say that while I called Bulb going bust months ago I didn't expect the government to be taking them over.