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The Latest Breaking News from Centrica

Shell profits hit record $11.5bn doubling in one year amid soaring energy prices

It comes as households continue to struggle in devastating cost of living crisis

The Independent UK

FTSE 100 Live: Apple & Amazon beat analyst expectations, US recession odds higher, Shell profits surge

US giants Amazon and Apple posted results with revenue growth that beat analyst expectations.

Evening Standard

British Gas owner Centrica profits increase five-fold to £1.34 billion as energy bills soar

Company reinstates dividend after suspending it for three years

The Independent UK

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read the most diverse news in one place.

The heat is on for energy firms as high prices send profits soaring

Centrica investors may be hoping for a dividend, but by winter its customers will just be hoping they can afford a warm home

The Guardian - UK

Energy suppliers row over how to protect customers’ overpaid credit

British Gas owner Centrica says insurance plan won’t stop risky business practices, while Octopus calls ringfencing ‘financially illiterate’

The Guardian - UK

Twitter must press case against Elon Musk for takeover termination

An agreement on an offer should on principle be binding, not a step in a renegotiation strategy

The Guardian - UK

How to keep the lights on – UK gears up for worst-case energy scenarios

New supply chief Jonathan Mills starts drafting plans to safeguard winter supplies amid war in Ukraine

The Guardian - UK

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Scottish Widows appoints Wheway chair

He will retain lead at Centrica but step down from senior AXA UK role

Evening Standard

Britain may stop supplying gas to mainland Europe if hit by shortages

National Grid could cut off pipelines to Netherlands and Belgium amid Russia-Ukraine war pressures

The Guardian - UK

Centrica to recruit ex-forces personnel for green energy drive

Hundreds of jobs will be created across British Gas and the wider group by the end of 2023.

The Independent UK

British Gas owner says rivals blocking plans to protect customer deposits

Centrica accuses two big suppliers of resisting proposals in wake of collapse of scores of energy firms

The Guardian - UK

British Gas owner says windfall tax will dent investor confidence

Centrica boss also defends Amber Rudd’s appointment to its board as a non-executive

The Guardian - UK

ITV and Royal Mail to drop out of FTSE 100 in reshuffle

Rising costs and market fears drive away investors, but Centrica will join FTSE index after rise in energy prices

The Guardian - UK

Rough could play vital winter energy security role if hydrogen policy pushes on - Centrica

Energy giant needs regulatory framework around hydrogen to justify huge spend that could be timely for gas storage

Birmingham Post

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news in one place.

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Evening Standard

Tesco chairman John Allan backs windfall tax on energy giants to tackle cost of living crisis

John Allan, chairman of Tesco and Barratt Developments, said the case for a one-off tax on energy company profits was now “overwhelming.”

The Guardian - UK

British Gas hires more staff to deal with rising number of struggling customers

Company to beef up energy support fund as owner Centrica says profits will hit top end of City forecasts

Evening Standard

FTSE 100 Live: Markets steady after US sell-off, British Gas owner Centrica surges

London shares are experiencing a steadier session after US mega-cap stocks were the target of more heavy selling last night.

Insider UK

Zenobe agrees financial close for 500MW battery project in Wishaw

The company pledged to more than £500m into the area over the next five years

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news in one place.

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Birmingham Post

British Gas owner Centrica starts work on first solar farm

Once finished the 72-acre site will be capable of powering some 4,850 homes, the company said

The Guardian - UK

The only easy decision for Bulb’s future: stop paying its CEO

Failed energy firm poses political puzzle for business secretary with wholesale markets still in turmoil

The Guardian - UK

UK government defends bonuses paid to staff of collapsed firm Bulb

Energy company effectively nationalised as part of bailout that could cost taxpayers £2.2bn

Chronicle Live

Energy bosses warn some customers could be paying £1 in every £6 on bills by October

E.ON, EDF, Scottish Power and Centrica chiefs have called on the Government to take much stronger action to support customers to avoid a "crisis" this year

Chronicle Live

How much profit UK energy firms British Gas, EDF, SSE make during cost of living crisis

Who owns our major energy suppliers - and how much they make

Wales Online

Who owns the UK's biggest energy firms and how much profit do they make?

Millions of households across the UK face being plunged into fuel poverty as energy bills rocket

Wales Online

Who owns British Gas, EDF and all the major energy suppliers you pay for gas and electricity?

Do you know who owns the major energy giants? It's worth knowing amid the cost of living crisis

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