Centrica among 18 companies shamed for late payments
More than a dozen big name businesses have been suspended from the Government's Prompt Payment Code for failing to pay suppliers on time.
Centrica
Loss of 700 Centrica jobs down to ‘rotten leadership’, union claims
The loss of hundreds of jobs at a British energy firm is down to "rotten leadership", according to a UK workers union.
Npower slumps to loss as more customers head for exit
Energy giant Npower has swung to a loss at the start of 2019 after shedding another 102,000 customers and taking a hit from the energy price cap.
Gloom deepens on UK utility industry as profits evaporate
Three of Europe’s biggest utilities are highlighting the challenge of making money in Britain’s notoriously difficult retail energy market.
Shareholder revolt over Centrica chief’s pay rise
Scottish Gas owner Centrica suffered a sizable shareholder revolt over bosses’ pay at its annual general meeting (AGM) in London yesterday.
Centrica warns over half-year hit as another 234,000 customers quit
British Gas owner Centrica has warned unusually warm weather and a £70 million hit from the energy price cap will impact first half results as it also suffered a further customer exodus.
Centrica shareholders urged to block ‘staggering’ CEO pay rise
Institutional shareholders at energy giant Centrica are being urged to block a big pay rise for its chief executive.
Centrica gives added leave to staff with care responsibilities
Energy giant Centrica is joining calls on the Government to introduce mandatory paid leave for workers who also have caring responsibilities.
Cluff bids farewell to North Sea after nearly 50 years
One of the North Sea’s original pioneers has bid farewell to a basin he first operated in almost 50 years ago.
Centrica chief pockets £2.42m
The chief executive of British Gas owner Centrica pocketed a £2.4 million pay packet last year, despite the firm losing hundreds of thousands of customers as it embarked on a major jobs cull.
Centrica hints at reducing ‘exposure’ to Spirit Energy
Energy supplier Centrica has said it wants to “limit exposure” to its oil and gas subsidiary Spirit Energy.
Centrica’s value plunges £1bn as customers defect
The owner of Scottish Gas suffered a near-£1 billion plunge in value yesterday despite it more than quadrupling profits during 2018.
Centrica signs trade deal for 76% of Moray East power generation
Centrica has agreed a contract to trade 76% of the electricity generated from the new Moray East offshore windfarm.
Centrica to hit targets despite ‘unexpected developments’ at Spirit Energy
British Gas owner Centrica is on course to meet its targets for 2018 despite weaker than expected performance at Spirit Energy.
British Gas owner Centrica appoints new chairman
British Gas owner Centrica has appointed a new chairman to lead it into its "next phase" as it struggles to retain customers.
Bold Norwegian approach may be applied to UK operations
An oil company which is drilling about 20% of all Norwegian exploration wells this year plans to persevere with its bold approach.
Centrica jumps as price cap for energy bills ends uncertainty
Centrica Plc shares rose the most in more than six months after Britain’s energy regulator published its long-awaited cap on power and gas bills for as many as 11 million customers.
UK’s biggest energy suppliers losing more customers to start-ups
The latest threat to the dominance of Britain’s six biggest energy suppliers is coming from small technology companies that automatically switch consumers to the cheapest deal.
Centrica makes multi-million pound investment in Israeli EV start-up
British Gas owner Centrica has made a multi-million pound investment in an Israeli start-up which develops software for electric vehicle charging.
Profits slump at Centrica’s consumer energy supply arm
British Gas owner Centrica has reported a 20% slump in earnings at its residential supply arm and raised the prospect of further tariff hikes as it said wholesale prices have continued to surge.
Centrica energy boss to retire
The man who steered Centrica’s energy division through its takeover of Aberdeen-based oil and gas company Venture Production nearly nine years ago is to retire.
Centrica invests in UK’s ‘largest’ green gas supplier
Utilities firm Centrica has announced the acquisition of a 50% stake in one of the UK's largest biomethane suppliers, Barrow Green Gas (BGG).
Tokyo Gas and Centrica join forces for Mozambique LNG deal
Tokyo Gas and Centrica subsidiary, Centrica LNG Company, have today announced the joint signing of a deal in Mozambique for the long-term offtake of Liquefied Natural Gas (LNG) in the region.
Centrica invests £400,000 in ‘smart homes’ initiative
The boss of an Easter Ross company involved in a pioneering “smart homes” initiative has said new funding and support from energy giant Centrica will help take its work to new levels.
Science to lift the lid on effect of North Sea decommissioning
No one knows what consequences the removal of North Sea infrastructure will have on marine life, a decommissioning project director has said.