Peter McGirr, head of one of six energy companies to fail in six weeks, says large suppliers next to ‘feel the pain’
- 1.9m UK homes lose supplier after two more gas firms go bust
- How soaring energy bills hit one Briton
The boss of an energy firm that went bust amid the gas price crisis has accused ministers of giving a US-based fertiliser firm special treatment by handing it cash, while leaving other companies to fail.
Peter McGirr, the founder and chief executive of Newcastle-based Green, predicted that as more suppliers fell victim to spiralling wholesale costs they could not fully pass on to consumers, given the energy price cap, bigger companies would have to seek bailouts.
