Welcome to the A Long Time In Finance Podcast; the long view of finance, markets and money as seen by two veteran City editors, Neil Collins and Jonathan Ford. Sponsored by Briefcase.News and hosted on Reaction.
It’s not often when a start-up fails that taxpayers end up getting a bill for £6.5bn – equivalent to a penny on income tax. But that’s what happened with Bulb, a venture that tried to bring the economics of Deliveroo and Uber to the staid business of selling power to domestic customers. Energy expert Nick Butler helps us unpick the Bulb shaped mess that ensued, how it happened and what should happen now.