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Centrica

  • 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

  • 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.

  • British Gas owner Centrica seals £6.2bn US LNG mega deal – that could power five per cent of UK homes

    July 11, 2023

    British Gas owner Centrica has signed a new £6.2bn ($8bn) mega deal with Delta Midstream for 1m tonnes per annum of LNG for 15 years.

  • British Gas owner boosts biggest gas facility storage – and calls for investment changes to ramp it up further

    June 30, 2023

    Centrica has expanded Rough but has called for changes in the investment regime for it to bring the site back to full capacity again.

  • British Gas to stop using third party contractors to fit prepayment meters

    May 4, 2023

    British Gas has announced it will stop using contractors to fit prepayment meters under court warrant - but will still use them.

  • British Gas owner Centrica would STILL have lost Bulb case even without ‘undue delay’, court docs show

    April 3, 2023

    Centrica would have seen its legal challenge over Octopus' deal refused even without the "undue delays," court documents show.

  • Vodafone’s major solar deal with Centrica to boost UK’s green energy industry

    February 21, 2023

    Telecoms giant Vodafone today announced it has signed a 10-year solar power deal with British Gas owner Centrica, which the firms said will significantly ramp up renewable energy production in the UK. The deal, or power purchase agreement, will see the construction of five solar farms across England. The farms, the firms said, will help [...]

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