1.7 million Britons at risk as major U.K. energy provider on brink of financial collapse

(EXPRESS UK) – It is believed the government is accelerating plans for the collapse of the country's seventh-biggest energy supplier, which has an estimated 1.7 million household customers. Ministers and officials, as well as Ofgem, have warned the company could collapse as early as next week.

According to Sky News, industry sources said talks with a small number of potential buyers were ongoing.

But they revealed others had pulled out in recent days. The sources warned Bulb is unlikely to survive through November without new funding options.

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