Bristol Energy collapse cost taxpayers £39m after five-year wind-up
The collapse of Bristol Energy has cost council taxpayers £39.3m after a five-year liquidation process.
Liquidators have completed the wind-up of the former city council-owned company, collecting outstanding debts and settling liabilities before formally dissolving the business.
The final cost is lower than the £43.8m initially projected in 2021, with only half of the £7.3m provision for creditor and energy industry liabilities ultimately required.
Liquidators got back £900,000 for the authority, though they charged aroun... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
