MP'S SADNESS AS BIZZENERGY HAS PLUG PULLED
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MP'S SADNESS AS BIZZENERGY HAS PLUG PULLED

The news that BizzEnergy has gone into receivership has been greeted with "sadness and some anger" by the company's MP.

The news that BizzEnergy has gone into receivership with the immediate loss of 110 jobs - and the eventual loss of all 160 - has been greeted with "sadness and some anger" by the company's MP.

Peter Luff, whose Mid Worcestershire constituency includes BizzEnergy's office at Whittington, said,

"The existence of independent electricity suppliers is vital if the concentration of economic muscle in the hands of the "big 6" is to be countered. We all needed BizzEnergy's competitive edge and we are all the poorer for losing it.

"The Commons Business and Enterprise Committee, which I chair, took evidence from BizzEnergy earlier in the year, and it was obvious that they were being treated quite outrageously by the electricity generators. But no action was taken to address their problems.

"These jobs have gone because, despite its claims, the government couldn't control the banks' attitudes to small businesses and because the government didn't act quickly enough to improve competition in energy markets.

"But today our first thoughts must be with the 110 people out of work - victims of the credit crunch and the lack of competition in the electricity market.

"The remaining 50 employers will also lose their jobs over the next few weeks, so here are 160 jobs gone. It's never a good time to become unemployed, but it is particularly cruel in the few weeks before Christmas.

"We needn't have lost these jobs, but we have. I am very sorry and really quite angry that more wasn't done sooner to prevent this serious blow."


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