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About Us & RulesLabour run Nottingham city council loses £38 million in energy company it set up
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Labour run Nottingham city council loses £38 million in energy company it set up
by Tommy Monk Sat Sep 05, 2020 3:37 pm
Nottingham council 'sorry' as Robin Hood Energy collapses
A council has apologised after losing millions of pounds of public cash in the collapse of an energy company it started.
Robin Hood Energy (RHE) is shutting with the loss of 230 jobs despite millions poured into it by Nottingham City Council.
British Gas will take on its customer base of thousands of homes in England.
The council said the sale will not make up all its losses, which leaked documents suggest are £38.1 million.
https://www.bbc.co.uk/news/uk-england-nottinghamshire-54015033
Unbelievable!
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