Bulb Energy: Redundancy Pay

(asked on 3rd November 2022) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, whether the Government will be liable for any redundancy payments to employees of Bulb Energy when the sale of Bulb Energy to Octopus Energy is completed.


Answered by
Graham Stuart Portrait
Graham Stuart
Minister of State (Department for Energy Security and Net Zero)
This question was answered on 8th November 2022

Part of the sale process will involve the transfer of relevant assets to Octopus energy. This will also include Bulb’s employees, reducing any uncertainty they may have about the future of their jobs. The management and any employee matters will be undertaken by the new owners. The Government remains committed in ensuring a smooth transition of the business providing value for all.

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