Energy company Bulb seeks bailout as PM insists soaring gas prices are global problem

Energy company Bulb seeks bailout as PM insists soaring gas prices are global problem

UK energy company Bulb is seeking a bailout to stay afloat amid surging wholesale gas prices with Boris Johnson insisting the issues facing the industry are global.

A Bulb spokesperson said: "From time to time we explore various opportunities to fund our business plans and further our mission to lower bills and lower CO2.

"Like everyone in the industry, we're monitoring wholesale prices and their impact on our business."