Octopus Energy: Profit slashed as Greg Jackson’s giant battles rising costs Energy Profit has been slashed at Octopus Energy as rising costs and falling sales ate into its margin during the giant’s latest financial year. For the 12 months to 30 April, 2024, the group reported a net profit of £83m, down from the £203m it posted in the prior year. Its revenue also dipped from £12.54bn [...]
AI deepfake scams hit FTSE 100 bosses Tech Back in May, the chief executive of WPP revealed he was targeted by a deepfake scam which involved his voice being cloned on a company Microsoft Teams call.
Octopus Energy-backed EV charging network Be.EV raises £55m Business EV charging network Be.EV, which is backed by Octopus Energy, has raised £55m from Natwest and Germany's KfW IPEX-Bank.
Octopus to repay £3bn of Bulb nationalisation costs after supplier’s collapse June 21, 2024 Octopus Energy will pay the UK government an early £3bn windfall after the company promised to reimburse all the public funds it received to take over the collapsed energy supplier Bulb.
Octopus Energy inks landmark agreement with Gresham House Energy Storage Fund June 5, 2024 Gresham House Energy Storage Fund has reached an important agreement with Octopus Energy.
Octopus Energy now worth over £7bn after two major investors up stakes May 7, 2024 Octopus Energy is now worth more than £7bn after two of its largest investors increased their stakes in the company.
Octopus Energy chief Greg Jackson: The world isn’t ready for China’s clean energy tidal wave February 28, 2024 Greg Jackson said the UK could be "subsumed" by China's clean energy drive unless policymakers move quicker
TalkTalk buys half-a-million Shell Energy customers in deal with Octopus February 6, 2024 TalkTalk has bought almost 500,000 Shell Energy customers in a deal with Octopus Energy.
Eight-year turnaround completed as Octopus eyes UK energy crown January 29, 2024 Octopus Energy has turned a profit for the first time since the company launched in 2015
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