Two U.K. energy suppliers with more than half a million customers have gone out of business after a surge in energy prices that’s set to hit British households with higher bills this winter. The companies are the latest in a series of suppliers to fail this year as power and gas prices climb to record highs on an almost daily basis. Suppliers that aren’t hedged against the volatile price moves can end up having to buy energy at a much higher cost than they have sold to customers. Utility Point, which supplies gas and electricity to around 220,000 domestic customers, and People’s Energy, with about 350,000 domestic ... (full story)