Energy retail

The founders of Pure Planet have hit out at the government’s “illogical” failure to support the energy retail sector, as they confirmed the supplier was exiting the market. Andrew Ralston, Chris Alliott and Steven Day confirmed that BP, which owns 24 per cent of the company, had withdrawn its support because of the “increasing risks and large potential losses” faced. Ofgem also confirmed that Colorado Energy has ceased trading.

By James Wallin

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