Shares edge down as Iran tensions push oil higher Investors also digested UK Chancellor John Healey’s pledge to control public spending ahead of next month’s Budget. Evening Standard · Sep 7
British Gas boss warns UK at risk of winter fuel shortage ‘with almost no gas in storage’ Chief executive of Centrica warns ‘time is rapidly running out’ as winter approaches The Independent UK · Aug 27
No, Centrica, customers don’t prefer bots to humans Letters: Charles MacKinnon disagrees with the British Gas owner’s justification for cutting 1,300 jobs The Guardian - UK · Jul 27
British Gas Owner's AI Drive Leaves 1,300 Call Centre Workers Without Jobs Centrica is cutting 1,300 customer service jobs as AI reshapes British Gas operations, with unions warning of job losses and critics fearing vulnerable customers may be left behind. International Business Times UK · Jul 27
Take Centrica’s gas storage warning seriously – Britain still needs secure supplies One task awaiting new energy secretary Miatta Fahnbulleh is devising a plan to avoid a crisis by the end of the decade The Guardian - UK · Jul 23
Customers prefer AI chatbots, says British Gas owner as 1,300 call centre and back office jobs axed CEO Chris O’Shea defends Centrica’s plans as it reports rise in retail profits following focus on bigger margins The Guardian - UK · Jul 23
FTSE 100 falls as Middle East war intensifies Brent oil topped 100 dollars a barrel on Thursday for the first time since May. The Independent UK · Jul 23
Glasgow jobs at risk as major employer to axe 800 roles Hundreds of British Gas jobs in Scotland are set to be axed as the energy giant slashes 1,300 roles across the UK ... The National (Scotland) · Jul 23
British Gas owner to cut 1,300 jobs over two years in major overhaul The overhaul will lead to a 14 per cent reduction in the company’s customer operations workforce The Independent UK · Jul 23
British Gas owner Centrica plans overhaul with 1,300 job cuts over two years The changes will lead to an approximately 14% reduction in the company’s customer operations workforce. Evening Standard · Jul 23
Sizewell B nuclear power plant to continue powering UK for another 20 years The Government said the deal would reduce the costs of Britain’s energy system The Independent UK · Jul 9
X-Energy Q1 Earnings Call Highlights X-Energy (NASDAQ:XE) used its first earnings call as a public company to outline progress on its advanced nuclear reactor and fuel businesses, while reporting higher first-quarter revenue and grant income tied to its federal cost-share program. The company began trading on the Nasdaq on April 24 an MarketBeat · Jun 4
Gas-fired power still looks a safe bet for Centrica in the renewables era There will still be a need to have gas in the wings to keep the lights on, so the financials stack up on Severn plant purchase The Guardian - UK · May 7
British Gas owner buys gas-fired power station for £370m for energy ‘security’ The household energy business said it has completed the acquisition of the Severn gas turbine power station. Evening Standard · May 7
The Guardian - UK · May 7 Financial stability risks are rising as AI fuels cyber-attacks, IMF warns; oil below $100 on Iran peace hopes – as it happened Rolling coverage of the latest economic and financial news
Evening Standard · Apr 17 Oil price plummets as Iran declares Hormuz open ‘For stock and bond market bulls around the world, this is the perfect end to the week,’ said Kathleen Brooks, research director at XTB.
The Guardian - UK · Mar 22 Starmer adviser urges ministers to look at profits cap for energy and petrol firms PM’s ‘cost of living champion’ calls for consideration of temporary measure to prevent profiteering from Iran war
Evening Standard · Feb 19 FTSE 100 pauses rally as Iran tensions escalate Donald Trump urged Tehran to strike a ‘meaningful’ deal.
The Independent UK · Feb 19 British Gas boss pockets £3.6m bonus despite company profits halving Chris O’Shea’s total pay package for 2025 was £4.73 million
Evening Standard · Feb 19 Centrica boss picks up £3.6m in bonuses and share awards despite profits plunge British Gas owner Centrica handed chief executive Chris O’Shea a £1.4 million annual bonus and £2.2 million in long-term share awards for 2025.
The Guardian - UK · Feb 19 Centrica boss to get £3.6m bonus despite sharp fall in profits Chris O’Shea will receive a total of £4.7m despite British Gas owner suffering a shareholder rebellion
The Guardian - UK · Feb 19 Oil prices rise amid fears of US strikes on Iran – as it happened Both the US and Iran embark on military posturing amid a stand-off over Tehran’s nuclear programme
The Independent UK · Feb 19 British Gas profits plummet as customers switch to discounted deals Warm weather also lessened the demand for central heating
Evening Standard · Feb 19 FTSE 100 Live 19 February: Index slips, Centrica and Rio Tinto lower on results Centrica shares have fallen sharply after the British Gas owner posted results today.
Evening Standard · Feb 13 Energy giant Centrica announces £2.4m partnership with charity Multibank The aim of the Multibank is to ease the cost-of-living pressure on families living in or facing poverty.