Two more UK energy firms go bust as prices soar

4 days ago 19

Published6 minutes ago

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Two more UK energy firms have ceased trading amid soaring wholesale energy prices.

Pure Planet, which is backed by oil giant BP, and Colorado Energy join a number of small energy firms that have gone bust recently.

Pure Planet said it had been caught between rising costs and the UK's energy price cap, which limits what companies can charge consumers.

This had left its business "unsustainable", it said.

Customers of both companies will be moved to new suppliers.

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