Octopus Group
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5 days ago · In late 2022, the Government sold Bulb’s customers to Octopus. It provided more than £1.6 billion in temporary taxpayer support to cover the energy needed to supply those customers. The nearly ...
2 days ago · Octopus Energy is on course to reimburse the government close to £3 billion, fulfilling a commitment to return taxpayer money used in the rescue of its collapsed rival, Bulb.. This repayment ...
5 days ago · The UK government will be repaid £3 billion ($3.8 billion) by Octopus Energy Ltd. after stepping in to help the company in its takeover of Bulb Energy Ltd, which failed during the energy crisis.
5 days ago · Octopus Energy will pay the UK Government nearly £3bn to reimburse the public money it received to take over collapsed energy supplier Bulb. The repayment will see the next government get an early windfall, with the payment promised by September, and it means almost all of the costs of temporarily nationalising Bulb in 2021 will have been recovered by the public purse.
5 days ago · Octopus Energy is set to hand the next UK government an early £3bn windfall after the company pledged it would repay all the state support it received to take over collapsed energy supplier Bulb.
5 days ago · Octopus Energy will pay nearly £3bn to the government as part of a pledge to return the taxpayers' funds it received for rescuing Bulb, its collapsed competitor. It means the Treasury will recoup ...
5 days ago · Octopus became the largest electricity supplier in the UK, with 6.9mn customers, as a result of the takeover. Octopus Energy will pay the UK government an early £3bn windfall after the company...
