All the updated news related to centrica

All the news related to centrica updated in real time

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Sturgeon to chair meeting with suppliers in bid to ease cost-of-energy crisis

Nicola Sturgeon will convene a summit with energy suppliers in the wake of rising bills that are expected to go up further. The First Minister will chair the meeting before energy regulator Ofgem announces a possible rise in the energy cap on August ...

16 Aug 2022 at 15:11

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

£400 energy bill help will be paid monthly, Government reveals

£400 in energy bill discounts offered to households in instalments

Households in Great Britain will get more than £60 off their energy bills each month throughout winter, as the Government revealed the details of its cost-of-living support. The money, which is part of a package announced in May this year will ...

29 Jul 2022 at 09:12

City

BP expected to report soaring profit days after Shell and Centrica slammed

Bosses at BP will likely be nervously eyeing the headlines that fellow energy giants Shell and Centrica generated this week as they prepare to present their own set of bumper profits. The oil giant is expected to have made far more than twice ...

29 Jul 2022 at 15:42

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

Experts urge more energy support as Government reveals details of £400 payment

Experts have called for more support for households facing “the most expensive winter in history” as the Government revealed how its £400 energy costs support will be paid. The money, which is part of a package announced in May ...

29 Jul 2022 at 11:30

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

‘Think carefully’ about Russian investments, Sunak warns businesses

British firms should “think very carefully” about making any investments in Russia which would support Vladimir Putin’s regime, the Chancellor has said. Rishi Sunak warned there is “no case” for new investment in Russia ...

13 Mar 2022 at 11:55

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

British Gas owner Centrica to exit Russia gas supply contracts

British Gas owner Centrica has said it will exit its gas supply agreements with Russian counterparts, including Gazprom, following the invasion of Ukraine. It comes after a number of UK energy companies, including ...

01 Mar 2022 at 18:25

Millions face fuel poverty, energy bosses warn

As many as four in 10 people in Britain could fall into fuel poverty in October, energy bosses warned as they called for more support from the Treasury for vulnerable households. Scottish Power chief executive ...

19 Apr 2022 at 13:25

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