More U.K. Energy Suppliers Go Out of Business As Prices Jump

  • Utility Point and People’s Energy will both cease trading
  • Volatile gas and power prices put pressure on small suppliers
Photographer: Jason Alden/Bloomberg
Lock
This article is for subscribers only.

Follow us at @BloombergUK for the latest news and analysis.

Two U.K. energy suppliers with more than half a million customers have gone out of business after a surge in energy prices that’s set to hit British households with higher bills this winter.