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Energy companies bust – live updates: Avro and Green Energy go bust as Octopus and Bulb tell customers not to panic

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ENERGY firms are rushing to reassure customers who fear their supplier could be the next to collapse as the industry reaches crisis point. 

Bulb and Octopus are among the firms telling customers not to panic as a string of energy providers have collapsed.

Soaring gas prices have caused a number of suppliers to cease trading in recent weeks, and there are fears more could follow. 

This week it was revealed that Bulb was seeking a cash injection to help shore up its finances. 

Meanwhile an Octopus Energy spokesperson said: “Customers should not worry. The government’s energy price cap is doing its job and protecting them against price spikes. 

Read our energy companies live blog for live updates on the crisis…

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