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Octopus Energy

  • Octopus Energy: Profit slashed as Greg Jackson’s giant battles rising costs

    February 4, 2025

    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

    July 10, 2024

    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

    June 26, 2024

    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

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