Boris Johnson made to ‘look like chump’ as peer he appointed shuns Tories Former PM’s ex-chief of staff Dan Rosenfield to become non-affliated peer – angering top Tories The Independent UK · Sep 13, 2023
NatWest plays it safe with new chairman Rick Haythornthwaite Sir Howard Davies’ replacement has enough City experience to move bank on from Coutts fiasco The Guardian - UK · Sep 6, 2023
NatWest names ex-Centrica boss as chair after Farage saga Rick Haythornthwaite, who leads boardrooms of Ocado and the AA, will succeed Howard Davies The Guardian - UK · Sep 6, 2023
Ovo joins calls for overhaul of household energy standing charges Ofgem recently announced that firms can raise standing charges from 82p a day to 83p from October 1. The Independent UK · Sep 4, 2023
3 High-Rated Utility Stocks Investors Won't Stop Buying Amid the volatile economic backdrop, given the utility industry’s defensive nature and the transition to renewable sources of energy, it could be wise to scoop up the shares of top-rated utility stocks Enel SpA (ENLAY), Centrica plc (CPYYY), and TransAlta Corp. (TAC), which the investors can’t stop buying. Read more…. StockNews.com · Aug 22, 2023
British Gas owner reports staggering profit boost of nearly 900 per cent BRITISH Gas owner Centrica has seen a staggering rise of almost 900 per cent in earnings in part of the business, the firm has revealed. The National (Scotland) · Jul 27, 2023
Price cap changes let British Gas profits balloon to near £1bn record Suppliers can now claim back costs when the price of gas is on its way down Evening Standard · Jul 27, 2023
Coutts CEO stands down in Farage bank account row, as Sunak fails to back NatWest chairman Davies – as it happened Peter Flavel says Coutts fell below its ‘high standards’ in the handling of Nigel Farage’s case, while Rishi Sunak declined to say whether he had confidence in NatWest’s chairman The Guardian - UK · Jul 27, 2023
FTSE 100 Live: Coutts CEO quits, shares higher on hope ECB’s rate rise is the last Shell, Barclays and BT are among the heavyweight companies updating investors today. Evening Standard · Jul 27, 2023
British Gas profits soar by staggering 889% to record £969m as households struggle with huge bills Centrica, its parent company, has revealed a £6.5 billion profit in the first six months of 2023 The Independent UK · Jul 27, 2023
British Gas reports record £969m profit after price cap increase First-half results anger consumer groups that have campaigned about treatment of vulnerable customers The Guardian - UK · Jul 27, 2023
Centrica set to build largest battery storage project in Perthshire Once connected to the grid in 2028, the battery should be able to store enough electricity to power 130,000 homes for an hour Insider UK · Jul 6, 2023
Revealed: ‘Big Six’ energy firm bosses paid enough in 2022 to power 23,000 homes for a year Exclusive: Board members and other top executives at major gas and electric companies received nearly £60m in salaries and bonuses last year The Independent UK · Jul 1, 2023
Calls for major energy bill shake up as Martin Lewis hits out at £300 a year fee Industry bosses and experts are calling for the abolishment of standing charges Manchester Evening News · Jun 30, 2023
Wales Online · Jun 30, 2023 British Gas and Octopus Energy bosses say standing charge on bills should be scrapped The charge is levied for everyone, regardless of how much energy they use
The Guardian - UK · Jun 30, 2023 Home energy bills likely to remain high, says British Gas owner Centrica CEO warns against complacency as gas prices remain more than double level seen before Ukraine invasion
Daily Mirror · Jun 30, 2023 British Gas boss issues update on energy bills - as Ofgem price cap to fall tomorrow The chief executive of Centrica, which is the owner of the energy supplier, Chris O'Shea told the BBC that while he believes the worst of the energy crisis is over, risks remain
Manchester Evening News · Jun 30, 2023 British Gas owners issues warning to households over energy prices The average household's energy bill drops to £2,074 a year from Saturday
Evening Standard · Jun 30, 2023 ‘Worst of energy price crisis over’ as average bills to fall by £426-a-year Millions of households are set to witness a drop in their bills from Saturday due to the new Ofgem price cap
The Independent UK · Jun 30, 2023 Energy giant Centrica boosts capacity at Rough gas storage site The facility had been mothballed from 2017 but was partially reopened last year.
The Guardian - UK · Jun 23, 2023 Eni to buy oil and gas company Neptune Energy in $5bn deal Italian company’s subsidiary, Vår Energi, will acquire Neptune’s Norwegian business for $2.3bn
The Guardian - UK · Jun 13, 2023 Centrica’s supine shareholders should look further than the share price Russian invasion of Ukraine meant it was easy for Centrica to greatly exceed financial targets, so does the CEO deserve his vast bonus?
The Guardian - UK · Jun 13, 2023 Boss of British Gas owner avoids revolt over £4.5m pay packet Centrica chief Chris O’Shea’s remuneration backed by 93% of shareholders at AGM despite union outcry
Evening Standard · Jun 13, 2023 British Gas owner to post higher profits thanks to new cap rules Suppliers can now claim back costs when current gas costs are higher than the cost of futures contracts
Bristol Post · Jun 13, 2023 The owner of British Gas expects 'significantly higher' profits for 2023 so far It is the UK's biggest energy supplier