GB Energy collapses

GB Energy Supply has ceased trading Late last week the independent supplier informed its 160,000 domestic customers that the company has started a process “overseen by Ofgem” to move them to a new supplier. The company blames rising wholesale energy prices for making its position untenable. Market commentators predict other independent energy suppliers may go […]

Latest Energy News 21 Nov 2016

Could the upward trend in energy prices be slowing? The last two weeks have finally seen a shift from the steep uptrend seen in wholesale gas and power markets since early September. In the power markets, short term factors are continuing to weigh heavily on short term prices, principally due to on-going uncertainty over French Nuclear. […]

Latest SME Finance News

Finding a lender just got easier for SMEs You could be forgiven for thinking the UK is an economy comprised of banks. They’re always in the headlines. Things didn’t go to well for them in 2008. And, they’ve made their feelings on Brexit pretty clear! But the reality is the UK is actually a nation […]

The Sun’s ‘explosive claims’ 15 Nov 2016

The Sun: ‘energy firms are hiding profits’. Earlier this week The Sun made some big claims that energy companies are making extraordinary profits and hiding it. A bit like listening to politicians, it’s impossible to know who’s right. The Sun alleges energy companies make too much money because consumers don’t bother to lock in great […]