UK household energy bills to keep climbing on Russian gas supply woes, analysts say
Ofgem is currently carrying out consultations on the energy price cap and is expected to switch to quarterly rather than seasonal caps
Company
Centrica PLC
LON:CNA
Centrica plc is an integrated energy company operating predominately in United Kingdom and North America. In the United Kingdom, it operates three segments: upstream, downstream and storage.
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Centrica shares fall 1.8% despite plans to reinstate the dividend
The owner of British gas said underlying group earnings had surged 143% on the back of higher energy prices
Centrica reinstates dividend for first time since the pandemic
The owner of British Gas boosted earnings thanks to higher energy prices but was hit by extra charges related to derivative contracts
BT Group, Centrica and Barclays just three in a maelstrom of updates
Batten down, there's a flood of corporate updates on the way
Russia's squeeze on gas flows sends prices higher in UK and Europe
British Gas owner Centrica's shares edged higher amid rising gas prices caused by Russia's squeeze
Bust energy company bosses in line for £50mln payout
The founders of failed energy provider the People's Energy Company are not expected to be held liable for transfer costs to British Gas
Five at Five: FTSE 100 takes another beating, Sabre warning knocks insurers, JP Morgan disappoints, Centrica to go for it?
Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news
Centrica tipped by second broker to reinstate dividend as household bills soar
Credit Suisse adds that for the first time in eight years Centrica will not be constrained by its balance sheet
Five at Five: Alaska drilling hopes, FTSE 100 flatlines, energy pain keeps growing but will Centrica dare pay a divi, is Twitter deal dead?
Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news
Centrica tipped to resume dividends as household energy bills soar
Citi’s forecast comes on the day that energy consultant Cornwall Insight predicted household energy bills might rise to as high as £3,300 in January
Centrica exits race to buy failing energy company Bulb's assets - report
The exit leaves two remaining bidders in the process to acquire the bust energy company
Price cap up for review as energy customers face £2.7bn bill
Citizens Advice warned that a "market meltdown" costing taxpayers billions of pounds is due to regulatory failures
Bleak winter ahead as analysts predict average energy bill to break £3,000
Cornwall Insight forecasts the £3000 mark will be surpassed on 1 January, when the average yearly bill will be £3003
Ofgem unveils new financial measures to protect energy consumers
The British energy regulator says suppliers will be able to meet the challenges the industry faces in the coming months even as it helps customers
Centrica says sale of Norwegian assets should complete tomorrow
Spirit Energy will now focus on maximising the delivery of its gas production for the UK, repurposing assets for the energy transition and decommissioning activities.
Cadent faces 48-hour strike as workers reject pay offer that is way below inflation
“Bosses need to get their heads out of the sand and start listening to workers."
Centrica has reasons to cry foul on any windfall tax
Calls for a windfall tax on the energy companies are likely to increase after Centrica's profits guidance this morning but there are other companies that should be hit for taxes (you can Google them)
Centrica lifts full-year guidance but warns of increased bad debts
We're not even halfway through the year yet but already Centrica feels confident enough to guide towards the top end of full-year forecasts
Archive
FTSE 100 closes up but worrying backdrop remains for investors
The hay fever tablet shortage should be short lived, according to Boots
Scottish Power boss calls for £1,000 support for energy bills
Ofgem said that it is "too soon" to predict the level of the price cap from October