'Free-for-all' energy market not working as two more firms go bust

Posted by GMB Admin
Wednesday 13 October 2021
GMB Trade Union - 'Free-for-all' energy market not working as two more firms go bust

Andy Prendergast, GMB National Secretary, said:

GMB, the energy union, says the collapse of two more energy companies - Pure Planet and Colorado Energy– shows once again the UK’s free-for-all energy market is not working.

Andy Prendergast, GMB National Secretary, said:

"Two more energy companies have gone bust today – and they will not be last.

“The UK’s free-for-all energy market is not working. It’s failing consumers, workers and the planet.

"We need more regulation, a cohesive strategy and a rethink of the price cap or we will see more and more businesses going to the wall.”

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