Ofgem to find replacement suppliers for 233,000 more homes as number of collapsed firms reaches 12 this year

Three more energy suppliers have collapsed under the weight of spiking gas prices, taking the total number of failures to 12 this year and forcing the regulator, Ofgem, to find new suppliers for a further 233,000 customer accounts.

Ofgem said Igloo Energy, Symbio Energy and Enstroga had become the latest companies to succumb to a gathering crisis that shows no sign of abating, with gas prices remaining stubbornly high amid international shortages as winter approaches.

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