The UK's seventh largest energy firm is reported near collapse, risking leaving 1.7 million customers in the dark.reports that officials and regulators are on standby for Bulb to announce it will cease trading as early as next week.
There were reports that Bulb was near to collapse last month as it emerged the firm wasOne company which was considering a takeover of Bulb has reportedly says the firm has liabilities of around £1bn, which made a "solvent takeover of the company hard to envisage".
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