BOSSES at an energy saving company in Bolton are celebrating after reaching a £100m savings watershed.

Love Energy Savings has managed to equal the landmark figure despite the twin spectres of Covid-19 and Brexit.

And management says their achievement should be set against a backdrop of GDP dropping by 9.9 per cent in 2020.

This comes after just under 14 years trading in the B2B energy market - helping thousands of outfits make in-roads into reducing their utility bills.

The company has also been lobbying hard for return of no-standing charge tariffs, as well as campaigning on behalf of the hospitality and leisure markets.

Phil Foster, the company's CEO, said: “The outbreak of the pandemic saw suppliers pull a host of products from the market overnight.

“At the same time, life got very difficult for businesses who operate in the hospitality and leisure arenas as credit requirements suddenly got much tougher.

“At Love Energy Savings we believe small businesses are the backbone of Britain.

"Their innovation and ingenuity exemplify the best this country has to offer.

“So, we rolled up our sleeves and went into battle on their behalf. We listened to our customers and learnt what was hurting them the most and relayed that back to our suppliers.

“As the largest energy retailer in the country, they took on board what we were telling them.

“We urged them to keep price points steady, reintroduce tariffs that they had removed and treat the hardest hit sectors more fairly.

“And that’s exactly what they did - allowing us to provide our customers with products that helped them get through the challenges they have faced.”

The outfit runs it own online comparison site and launched a telecoms offshoot last year, for broadband and connectivity packages.

Bolton South East MP Yasmin Qureshi added: "I'd like to congratulate Love Energy Savings on reaching such a huge milestone.

“Switching energy supplier is one of the best ways to ensure you are getting the best deal available. To see a company working within my constituency save so much for small businesses during such difficult times is great to see."