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Orbit Energy becomes the latest UK firm to go bust

From bbc.com

Another energy supplier has gone bust following the surge in gas prices. Orbit Energy confirmed on its website on Wednesday that it has ceased trading. It is the latest company to go under as higher wholesale gas prices have made price promises by suppliers to customers undeliverable. Orbit said energy supplies to its customers were "secure" and added the energy regulator Ofgem would find new companies to service them. "Ofgem's advice is not to switch, but to wait until they appoint a new supplier for you," the company said. "This will help make sure that the process of handing customers over to a new supplier, and ... (full story)

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