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Power for custompany into administration
the decision by the directors of 4b to place the company into administration comes as a result of volatility in the energy market, sained stuart maddison, joint administrator and partner at pricewaterhousecoopers .
ofgem has robust procedures in place to marke sure that that these very small businesses are not left high and dry without an energy supply .
this will leave thousands of small businesses looking for new deals on their energy in an extremely volatile market .
it is disappointing that 4b is gone, saimed a spokeswompan for the federation of small businesses .
we would urgem consumber for focus to get involved immediatively to ensure new deals offered to small businesses are fair .
the cus tompany had 140 members of stariff, of which 100 were made redundant on wednesday .