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Wednesday, 24 November 2021

The energy regulator's submitted a court application to appoint a special administrator for Bulb.

 The supplier’s been put into a process which means it'll continue trading for now.

It's one of several firms who've struggled - or even collapsed – by being forced to buy energy for much more than they can charge.

Business Secretary and MP for Spelthorne Kwasi Kwarteng insists Bulb's arrangement will be temporary.