U.K. Nationalizes Energy Supplier for 1.7 Million Households
- Move seeks to provide uninterrupted service for Bulb customers
- Uswitch sees move as ‘tipping point’ of U.K. energy crisis
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The U.K. government will temporarily run gas and electricity supplier Bulb as the energy crunch deepens, the first forced nationalization of a British company since the 2008 banking crisis.