Ever heard of Daligas? Me neither. Yet, the small energy supplier in the UK, serving just nine thousand customers was the latest canary in the proverbial mine to go belly up. Last month, 12 UK energy suppliers folded their business operations – the largest monthly rate of market exits in history, impacting more than two million British households. Until mid-October, they were picked up by the larger multinational energy suppliers, like British Gas, EDF, EON, CNG and Steel. Faced with steep (ca 300 per cent) rises in wholesale cost of natural gas, these multinationals are no longer willing to step…

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