15-11-2022, 21:28
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#1684
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Born again teenager.
Join Date: Feb 2007
Location: Manchester. (VM area 20)
Age: 77
Services: Maxit TV, M250 Fibre BB.
Phone-Anytime Chatter
Posts: 13,843
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Re: The energy crisis
Bulb/Octopus delay. Updated 14 November 2022
Quote:
After a year-long process to find a buyer, the Government agreed a deal with Octopus at the end of October.
The deal was subject to final regulatory approval, which was expected on Tuesday 15 November. However, this has been delayed after other energy firms reportedly raised concerns that they had not had enough time to examine the transaction.
While the court temporarily delayed a decision to set a date and time for the deal to complete, the expectation is the deal will still go ahead, and once it's fully approved, Octopus – which already has 3.4 million customers – will start work to transfer Bulb customers over.
An Octopus spokesperson said: "This is a complex legal case, so it's not surprising that there are areas the judge wanted more time to consider. Continued uncertainty isn't good news for Bulb staff or customers, or the taxpayer, so we hope this gets resolved in the next hearing."
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https://www.moneysavingexpert.com/ne...utm_content=19
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"I intend to live forever, or die trying" - Groucho Marx..... "but whilst I do I shall do so disgracefully." Jo Glynne
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