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Centrica

  • Centrica and EDF extend lifespan of four UK nuclear power plants

    December 4, 2024

    Ministers see nuclear power as vital to hitting looming emissions targets, given wind and solar power projects are reliant on weather conditions.

  • Centrica-owned Hive continues in the red despite sales rise

    October 9, 2024

    Hive, the smart home devices brand owned by Centrica, continued in the red despite its revenue rising during its latest financial year. The business has reported a pre-tax loss of £28.2m for 2023, having also made a loss of £25.6m in 2022. Hive has never made a pre-tax profit since it was launched over a [...]

  • Centrica vs HMRC: What does Supreme Court ruling on tax deduction mean for businesses?

    July 26, 2024

    Just last week Centrica lost an appeal against HMRC over the treatment of professional services fees.

  • Centrica: British Gas gets taste of normality after two years of bumper profits

    July 25, 2024

    The owner of British Gas has blamed "normalising" market conditions after two years of bumper results for its heavy slide in profit in the first half of this year.

  • Centrica: Supreme Court dismisses British Gas owner’s tax dispute with HMRC

    July 16, 2024

    British Gas' owners investment business has had its corporation tax appeal over professional services fees dismissed by the Supreme Court

  • British Gas owner Centrica helps back £300m UK energy first

    June 13, 2024

    Centric, the owner of British Gas, has helped raised £300m for the first commercial-scale liquid air energy storage (LAES) plant in the UK.

  • FTSE 100 energy giant Centrica declares stability has returned to the energy market

    June 5, 2024

    FTSE 100 energy giant Centrica has updated the market ahead of its AGM later today.

  • British Gas: Centrica faces shareholder revolt over £8.2m CEO pay packet

    June 2, 2024

    The owner of British Gas will face down shareholders on Wednesday over its chief executive's £8.2m pay packet.

  • 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.

  • 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.

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