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02
Nov 2021
Harrogate energy firm CNG has confirmed in internal meetings that all 145 staff at the company have lost their jobs.
The Stray Ferret exclusively revealed last month that staff had been informed the company was to enter liquidation amid the spiralling increase in wholesale gas prices.
A source who worked at CNG told us that management had now confirmed the news at internal meetings and discussions were taking place about redundancy. We have approached CNG for comment.
The company, which is based on Victoria Avenue, supplies energy to about 15 to 20 retail energy companies through its wholesale business arm and also has around 50,000 business customers.
The Stray Ferret has approached regulator Ofgem to ask whether the company had entered Supplier of Last Resort, but were told that the regulator “did not comment on supplier failures”.
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