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The Latest Breaking News from Chris OShea

British Gas to pay customers to use less electricity

The supplier becomes the latest – and the largest – to sign up to the scheme – which is run by National Grid.

The Independent UK

Energy bills could go even higher with collapse of another firm, says BG boss

It comes as the country has just nine days of gas stored up

Wales Online

British Gas owner fears another supplier will go bust as pressure on competitors rises

Chris O’Shea, chief executive of Centrica, said a warm autumn and winter were piling pressure on weaker competitors with the likelihood increasing that another will go bust

Daily Mirror

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Energy suppliers risk failing with taxpayers’ cash onboard, Centrica chief warns

Chris O’Shea said the government handing energy companies money in advance presents a big risk

The Guardian - UK

Chris O’Shea: Centrica chief executive with a decarbonising plan

The energy boss is committed to nuclear and renewable power, would hand over a chunk of profits to help with the winter crisis – but is not afraid of the ‘f’ word (fracking)

The Guardian - UK

British Gas owner wants to cap profits in government deal over energy bills

Centrica keen to be first company to agree deal to lower price of electricity sold on to suppliers

The Independent UK

British Gas owner plans to cap profits to cut energy bills

Exclusive: Centrica chief tells the Guardian he is keen for it to sign up to new contracts with government on electricity generation

The Guardian - UK

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Energy price freeze plan 'brings immediate relief' but 'many will still struggle'

'A freeze may not be enough to reverse the devastating trend in people coming to us because they’ve run out of food or can’t top up their gas and electric'

Wales Online

Energy plan will ‘bring immediate relief’, but suppliers call for more action

Chris O’Shea, chief executive of British Gas owner Centrica, promised to continue donating 10% of profits to help vulnerable households.

The Independent UK

British Gas pledges to donate 10% of profit as energy price cap expected to rise

This will give the most financially vulnerable customers an average £750 boost per household, the supplier said.

The Independent UK

British Gas to give 10% of profits to help struggling customers

It could see £60million go towards helping the energy giant's poorest customers

Nottingham Post

British Gas to give 10% of profits to cash-strapped households, boss promises

Grants of between £250 and £750 will be targeted to the tens of thousands of customers who British Gas has identified will be in financial distress in the coming months

Wales Online

British Gas energy fund can help people clear fuel bill debt of up to £750 before October

The fund has managed debts for 24,000 people and gained an additional £16 million in income for those seeking advice.

Daily Record

Centrica profits soar and dividend returns as energy bills rise

Energy supply business saw profits hit just £98m, down 43% year-on-year

Insider UK

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Chronicle Live

Energy giants announce billions in profits as UK faces cost of living misery

Centrica, the parent company of British Gas, recorded an increase in operating profits to £1.34billion, while Shell saw its profits hit a new all-time high of £9.5billion

The Guardian - UK

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

Daily Record

British Gas Energy Trust can help people clear fuel bill debt of up to £750

Over a third of the recipients being helped are on disability benefits.

Wales Online

35,000 more people to get help with energy bills thanks to £2million donation

20 support centers will be set up across the country to help people cut their bills and write off debts

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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

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

Evening Standard

Cost of living crisis: As bills pain hits millions of families…gas boss defends profits

Ministers told to do more to help households

Daily Mirror

Leading energy boss admits Brits face cost of living 'pain' as bills go up

Chris O’Shea, head of industry giant Centrica, admitted cost of living hit customers were already struggling with everything from filling up the car to the weekly shop

Daily Mirror

British Gas to pay back full £27m furlough bill as profits top £1bn during gas crisis

The chief executive of the country's largest gas and electricity provider, Chris O'Shea, has also agreed to waive his £1.1 million bonus. His regular salary is £775,000.

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