Up to 2,000 UK jobs are at risk at Shell Energy after it announced it was considering quitting the energy sector.
The Coventry-based company provides energy to 1.4 million homes in the UK and broadband to around 500,000 people. The company said it wanted to "maximise value" and "address performance in tough market conditions" but did not confirm what this could mean for jobs.Energy firms have been restricted by, which will be changing in April, on how much suppliers can charge for the energy they sell.
Maybe we should boycott all Shell petrol stations as well. Everybody needs to stick together.
We need publicly owned energy creation and supply.
Not getting caught up in another shit transfer. Moved to Octopus this evening
Not another energy company going belly up!! Means I’ll have to move again!!
No they won’t. Not anytime soon anyhow.
‘Company said it wants to maximise value and Energy firms have been restricted by the Ofgem cap, which will be changing in April, on how much suppliers can charge for the energy they sell.’🤷♀️. It would be nice to know what’s really going on in the UK.
Very worrying. The Cap is destroying energy companies, is it really necessary to be so aggressive? 30 energy companies gone already.
Lets not bail them out too Conservatives
If Labour get in you won't exist as a utility supplier anyway..