Ovo Energy plots takeover of Shell arm in bid to reclaim number two spot
Ovo Energy is plotting a takeover of Shell’s UK domestic gas and electricity business in a move that would see…
Centrica boss Chris O’Shea sees pay for 2022 reach £4.5m despite prepayment meter investigation
The boss of the owner of British Gas has seen his pay top £4.5m for 2022. Chris O’Shea, the chief…
Boss of British Gas owner sees pay increase fivefold to £4.5m
The boss of British Gas owner Centrica has been handed a £4.5 million pay package, a five-fold increase, after the…
Ex-magistrate ‘saw 100 applications at a time to force-fit prepayment meters’
A former magistrate has told MPs he was dealing with a spreadsheet of between 50 and 100 applications at a…
British Gas firm Centrica to extend life of two nuclear power stations
British Gas parent firm Centrica has announced plans to extend the lives of two UK nuclear power stations. It said…
We won’t be distracted from green targets says ScottishPower boss
The boss of ScottishPower has hit out at firms that are abandoning their green goals as his business produced a…
EDF’s nuclear power-producing UK entity reported £1.1bn profit
Charging customers higher electricity prices has helped the UK wing of the French state-owned energy giant turn a profit. While…
EDF sees UK profits jump by £1bn amid troubles across the channel
French energy firm EDF has revealed that core profits in its UK business bounced last year, as the business was…
Energy giant EDF posts jump in UK profits due to higher prices
French energy firm EDF has revealed that core profits in its UK business bounced higher as it charged more for…
British Gas owner triples profits to £3.3bn amid soaring energy prices
BRITISH Gas owner Centrica has tripled profits to £3.3billion amid a year of soaring energy prices. The record jump has…
Taxpayers’ Bulb bailout cost plunges after Octopus supply deal with government
The cost to taxpayers of rescuing the biggest residential energy supplier to collapse during the recent industry crisis has plunged…
Another record for FTSE 100 as Centrica leads risers
The FTSE 100 has struck another record closing price as it finished above 8,000 points for the first time. Rises…