All the updated news related to octopus

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Octopus boss says energy supplier will listen to and help customers

The boss of Octopus Energy has said the company will help people struggling to pay their bills as he warned that energy prices could get even higher. Chief executive Greg Jackson said there is “no hiding” the fact that energy costs have risen ...

03 Apr 2022 at 12:55

City

Octopus Energy ‘on brink of securing Government-backed deal to buy Bulb’

Octopus Energy is on the brink of sealing a deal to buy Bulb, its collapsed rival that has been run with billions of pounds of Government support for nearly a year, according to reports. The Government could as early as this week help strike ...

27 Oct 2022 at 16:06

Ofgem should bring down standing charge, energy boss says

Ofgem should help drive down standing charges for energy bill payers around Britain, the head of one of the country’s largest suppliers has said. Octopus Energy boss Greg Jackson said that many customers cannot understand why standing ...

26 Sept 2022 at 08:19

British Gas to pay customers to use less electricity

Britain’s largest energy supplier will become the latest to pay its customers to reduce the amount of electricity that they use during peak hours in order to help take pressure off the grid. British Gas said that it hoped 100,000 ...

01 Dec 2022 at 01:01

Octopus tops energy customer survey as some firms ‘fall far short’

Octopus has been named the best energy firm in an annual customer survey amid warnings that consumers will vote with their feet when competition returns to the market. The energy crisis, which has driven dozens of suppliers out ...

20 Jan 2023 at 00:01

Unfair Bulb sale process prevented British Gas making ‘better’ bid, court told

The Government’s “flawed” handling of the sale of collapsed energy company Bulb prevented British Gas making a “better” offer that could have saved money for taxpayers, the High Court has been told. Three major suppliers ...

28 Feb 2023 at 16:06

Judge gives green light for proposed sale of Bulb to Octopus

Judge gives green light for proposed sale of Bulb to be able to proceed

A High Court judge has given the green light for the proposed sale of collapsed energy company Bulb to Octopus Energy to proceed, despite new legal challenges from rival suppliers. Mr Justice Zacaroli appointed a key ...

30 Nov 2022 at 16:56

Billions could be saved by building a flexible electricity system, MPs told

Britain could be saving around £17 billion every year if it builds a flexible electricity system, MPs have been told. Rachel Fletcher from energy supplier Octopus suggested managing when people use electricity and ...

21 Mar 2023 at 13:37

Octopuses beat the cold by ‘editing genetic material in less than a day’ – study

Octopuses are able to survive cold temperatures by editing their genetic material in less than a day, scientists have found. Researchers have discovered that the creatures are able to make changes to their RNA – ...

08 Jun 2023 at 16:31

City

Octopus energy gets Government approval for deal to buy collapsed rival Bulb

Octopus Energy has sealed a deal to buy Bulb, its collapsed rival which has been run with billions of pounds of Government support for nearly a year. On Saturday, Octopus announced it is taking on Bulb’s 1.5 ...

29 Oct 2022 at 12:46

Ovo joins calls for overhaul of household energy standing charges

Energy firm Ovo has joined calls for energy standing charges to be abolished for vulnerable customers as it confirmed it will not be passing on the latest increase from October 1. Ovo chief executive Raman ...

05 Sept 2023 at 06:48

City

Octopus Energy valuation jumps to nine billion dollars as investors double down

Octopus Energy’s valuation has jumped to nine billion US dollars (£7.2 billion) after two of its biggest investors increased their stakes in the business. Generation Investment Management and Canada ...

07 May 2024 at 15:45

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