London Daily

Focus on the big picture.
Thursday, Aug 27, 2026

Sale of collapsed energy company Bulb delayed by High Court over 'very serious concerns'

Sale of collapsed energy company Bulb delayed by High Court over 'very serious concerns'

In October, Octopus Energy announced it had sealed a deal to buy its rival and would be taking on Bulb's 1.5 million customers after the firm was placed into special administration in November 2021.
The sale of collapsed energy company Bulb has been delayed by a High Court judge after concerns were raised by rival firms.

The business is set to be bought by Octopus Energy, who announced it would be taking on Bulb's 1.5 million customers after the company was placed into special administration last year.

The deal aims to "protect consumers and taxpayers" and "provide a stable new home for Bulb's customers and 650 employees", the Department for Business, Energy & Industrial Strategy (BEIS) confirmed.

However, despite the BEIS saying the sale will be completed following a statutory process called an energy transfer scheme and Energy Secretary Grant Shapps giving the plan his approval, the date of when it will take place has now been pushed back.

High Court Judge Mr Justice Zacaroli ordered for the transfer date to be delayed from 15 November, saying energy companies Scottish Power, British Gas and Eon had raised concerns about the proposal.

British Gas and Scottish Power have argued they have not been given enough time to consider the deal, and raised the potential for a legal challenge against Mr Shapps' approval.

Bulb's administrators said there was "significant commercial urgency to justify going ahead" but a representative for British Gas said there were concerns the proposal could be "unlawful".

David Allison KC, for Scottish Power, later said there were "very serious concerns about the process".

He told the court: "There is such a degree of redactions to the terms of the deal, it is impossible for Scottish Power and its legal team to understand the agreement."

The High Court judge adjourned ordering the start of the scheme, with a hearing now expected around the end of the month.

Mr Justice Zacaroli said: "I do not think there is a level of urgency that requires me to go ahead and appoint an effective date today.

Friday's hearing comes after a different judge delayed a bid by Bulb's administrators for repayment of costs totalling more than £28m.
Newsletter

Related Articles

0:00
0:00
Close
The Secret Dolly Parton Kept Until Her Death: "She Was Much Sicker Than She Let On"
Andy Burnham Drops Plan to Cap Political Donations
Conservative Leadership Contest Intensifies as Robert Jenrick Attacks Kemi Badenoch
French-Born Defence Secretary Wes Streeting Condemns Homophobic Abuse Since Taking Office
UK Government Delays Commercial Robotaxi Rollout in London Over Regulatory Gaps
NHS Complaints About Autism and ADHD Care Waiting Times Triple Over Five Years
UK Government Launches 10,000 Work Placements for Young People With Sainsbury's
NHS England to Offer Free At-Home Cervical Cancer Screening Kits
EU Biometric Border Checks Cause Delays of Up to Five Hours for British Travellers
US Imposes Economic Sanctions on UK-Based Protest Group Palestine Action
Two Planned UK Datacentres Could Produce More Annual Carbon Emissions Than ExxonMobil's Entire UK Operation
London Surgeons Complete First Artificial Intelligence-Assisted Brain Tumour Removal
UK Services Growth Rebounds as Consumer Confidence Reaches Two-Year High
Ofgem Confirms Four Percent October Energy Price Cap Increase for UK Households
Government Considers Insolvency Law Changes to Bring Thames Water Into Public Ownership
Andy Burnham Signs Artificial Intelligence Defence Pact During Visit to Kyiv
Church of England Faces Renewed Scrutiny Over Historical Safeguarding Failures
Reform UK Proposes £30 Tax Credit for Long HMRC Telephone Queues
Greater Manchester Secures More Than £100 Million to Upgrade Victorian Railway Stations
East Midlands Railway Urges Essential Travel Ahead of Bank Holiday Strikes
UK Economy Grows 0.4 Percent in Second Quarter as Global and Energy Pressures Weigh
UK Government and Sainsbury’s Launch Plan for 10,000 Youth Work Experience Placements
Scottish Government Plans Tighter Remote-Working Rules and Possible Voluntary Redundancies
Scottish Budget Faces More Than £700 Million Reduction After Tax Revenue Adjustment
Nearly 100 Labour MPs Press Andy Burnham to Back Electoral Reform Commission
UK Energy Price Cap Rises Four Percent to £1,723 as Middle East Conflict Drives Wholesale Gas Costs
Turnbull Warns AUKUS Could Leave Australia Without Promised Nuclear Submarines
California Billionaires Pour More Than $150 Million Into Fight Over Proposed Wealth Tax
German Broadcaster Goes Dark to Warn AfD Could End Its Saxony-Anhalt Service
Badenoch Plans Major Shadow Cabinet Reshuffle as Tories Struggle in Third Place
UK Government Demands Action Against Social Media Content Promoting Dangerous Driving
Labour Backbenchers Prepare Push for Electoral Reform Under Andy Burnham
Fire at Gatwick Airport Car Park Destroys 140 Vehicles and Cuts Local Power
UK Plans Voluntary Libido-Suppressing Medication Programme Across 20 Prisons
NHS England Launches Free Home Cervical Cancer Testing Kits Nationwide
Imperial College Study Warns North Sea Oil Projects Could Cause Hundreds of Billions of Pounds in Climate Damage
UK Inflation Rises to 2.9% as Middle East Conflict Pushes Up Energy Costs
Prime Minister Andy Burnham Visits Kyiv to Strengthen UK Support for Ukraine
Premier League Season Opens With Managerial Debuts and Dramatic Early Fixtures
England Cricket Drops Brydon Carse From Selection Pending Club Investigation
Graeme Dott Convicted of Child Sexual Abuse Offences in Scotland
Protesters Occupy British Aircraft Parts Factory Over Alleged Military Links to Israel
More Than 100 Former British and French Diplomats Call for Sanctions on Israel
Ipsos Poll Shows British Public Split Between Immigration Controls and Economic Growth
British Cybersecurity Agencies Raise Alert Over Growing Threats to Critical Infrastructure
Two-Thirds of England Now Under Official Drought Conditions After Prolonged Summer Heat
Institute of Directors Calls for Urgent Action to Revive Britain’s Stagnant Labour Market
Andy Burnham Visits Kyiv on First Foreign Trip and Pledges Continued British Support for Ukraine
New Daily Diabetes and Weight-Loss Pill Launches in UK Pharmacies
UK Payroll Employment Falls by 94,000 as Labour Market Cools
×