British Gas: Centrica chief’s pay swells to more than £8m March 26, 2024 The chief executive of Centrica, the owner of British Gas, saw his pay swell to more than £8m in 2023, it has been revealed.
National Grid auctions forebode higher gas demand in coming years February 28, 2024 Britain's auction to ensure enough electricity capacity for 2027/28 has set a new record high price as power demands look set to draw heavily on gas.
Surging profits at British Gas help owner Centrica report bumper profits February 15, 2024 Centrica, the owner of British Gas, issued a "strong 2023 financial result" today, as the company's retail division saw a sharp jump in profits for the year.
Efficacy of new oil and gas licenses in doubt ahead of key MPs bill debate January 19, 2024 Global Witness figures show UK production has fallen 60 per cent during a time when 1,680 new exploration licenses were granted.
British Gas named least favourite energy provider as Octopus keeps shining January 19, 2024 British Gas scored just over 50 per cent on overall customer satisfaction
Energy suppliers to cough up £10.8m after missing smart meter targets November 9, 2023 Some of the UK's biggest energy suppliers have agreed to cough up £10.8m in redress payments, after missing smart meter targets.
Centrica’s share price suffers as analysts tell investors to take profits October 1, 2023 Centrica begins trading this week having suffered a sharp fall in its share price, with analysts calling on investors to cash in profits.
Ofgem risks losing public trust after British Gas’ profit bonanza July 31, 2023 Four years of heavy losses and instability in the energy industry were upended last week when British Gas posted record profits.
FTSE 100 close: British Gas owner propels to top of London index after record profit July 27, 2023 London’s FTSE 100 bumped higher today after a manic morning of company earnings gave a lift to market sentiment. The capital’s premier index added 0.21 per cent to reach 7,692.77 points, while the domestically-focused mid-cap FTSE 250, which is more aligned with the health of the UK economy, climbed 0.45 per cent to 19,273.37 points. [...]
British Gas rakes in almost £1bn as Centrica unveils near ten-fold earnings increase July 27, 2023 British Gas has posted record profits, fuelled by Ofgem's lucrative allowances in the energy price cap, totalling nearly a billion pounds.