All the updated news related to british gas

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Chancellor to hold crisis talks with gas and electricity bosses

Energy sector bosses will take part in crisis talks with Chancellor Nadhim Zahawi and Business Secretary Kwasi Kwarteng as the price cap was forecast to hit more than £4,200 in January. In a new dire outlook for households, Cornwall Insight said ...

10 Aug 2022 at 06:28

Almost £7 billion in profits ‘obscene’ as bills soar, BP told

The almost £7 billion in profit made by oil giant BP in the second quarter of this year have been described as “obscene”. On Tuesday the company announced underlying replacement cost profits – its preferred measure – jumped to a far ...

02 Aug 2022 at 15:47

Centrica profits soar and dividend returns amid energy crisis

City

British Gas adds customers despite price competition being wiped out

British Gas owner Centrica’s half-year profit has soared five-fold to £1.3 billion after being boosted by rocketing energy prices that are battering households. The company also revealed that it would start paying dividends to ...

28 Jul 2022 at 16:00

City

Centrica ‘will not challenge windfall tax’

British Gas owner Centrica will not launch a legal bid to challenge the Government’s new windfall tax, its chairman said on Tuesday. But Scott Wheway warned of “long-term problems” if the tax is expanded to include power ...

07 Jun 2022 at 12:56

City

British Gas profits soar despite energy sector squeeze

British Gas’s retail unit has reported a big increase in profits despite a squeeze on the energy sector which has put many of its rivals out of business. Parent company Centrica said British Gas Energy has seen a 44% ...

24 Feb 2022 at 09:25

‘Robust action’ to follow if energy direct debit increases are unfair – Ofgem

“Robust enforcement action” will be taken if energy companies are found to have treated consumers unfairly when increasing direct debit payments, officials from the regulator Ofgem have said. A “very invasive” ...

10 May 2022 at 12:55

Direct debits have doubled after energy increase, some Britons say

Britons who are with British Gas, Octopus Energy and Shell Energy said their direct debits have doubled since the price rise, despite the price cap being half that, according to Money Saving Expert (MSE). The ...

09 May 2022 at 01:25

Energy firms criticised as websites crash in rush to submit meter readings

Consumer groups have criticised energy firms for failing to avert a widescale crash of their websites as customers rushed to submit meter readings ahead of Friday’s price jump. Customers reported issues ...

31 Mar 2022 at 16:25

Energy websites crash amid rush to submit meter readings ahead of price hike

Energy websites appeared to falter today as customers rushed to submit meter readings before Friday’s price jump. The issues – which appeared to be an industry-wide problem – came as experts urged ...

31 Mar 2022 at 12:25

We don’t want a bailout says boss behind British Gas

The boss of the UK’s biggest energy supplier has said it does not want a bailout from the Government as households prepare for a 50% spike in their bills. Chris O’Shea, chief executive of British ...

07 Jan 2022 at 12:55

News

Energy suppliers granted £1.8 billion for taking on customers from failed firms

Energy suppliers that took on the customers of their failed rivals will be able to claim back more than £1.8 billion by adding it to the bills of households and businesses. Regulator Ofgem said ...

22 Dec 2021 at 18:20

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

British Gas has pledged to donate 10% of its profits during the energy crisis to help people struggling with rising bills. The money will be provided through the British Gas Energy Support ...

25 Aug 2022 at 11:08

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