SSE loses energy customers in the first quarter amid fierce competition
SSE has acknowledged the significant changes across the energy sector as the government clamps down on "rip off" bills
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LON:SSE
SSE PLC, formerly Scottish and Southern Energy PLC, is a holding company. The company is involved in the generation, transmission, distribution and supply of electricity; the production, storage, distribution and supply of gas, and the provision of other energy-related services.
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SSE has acknowledged the significant changes across the energy sector as the government clamps down on "rip off" bills
London markets started the day on the front foot and haven't looked back ...
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Can the supertanker Unilever ride the crest of a wave? Can a Newcastle United owner change his stripes?
In a statement, Ofgem said options being considered include introducing a safeguard tariff for vulnerable consumers which would protect them from overpaying for their energy
SSE has raised its full year dividend by 2.1% after achieving growth in profits, driven by its wholesale business
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Wednesday preview: Competition is hotting up in the pub grub sector for Mitchells & Butlers, while London house prices and lettings fees are cooling for Foxtons.
The government's proposal for an energy price cap is expected to deliver a massive blow to the sector
The UK blue chip index finished 41 points higher at 7,342, retreating from the session peak of 7,359 but still well above the day’s low of 7,300
SSE has said it will raise prices for domestic customers from 1 April 2017 by 6.9%, or £73 per year, following on from price increases by other energy providers
SSE is the last of the big six energy firms to announce its changes to energy bills this year
The move comes as a slap in the face to the watchdog Ofgem...
It lost around 130,000 energy customers between March and December, according to the latest figures and now 8.08mln accounts.
FTSE 100 shares closed lower on Tuesday in sympathy with declines of up to 160 points on Wall Street’s DJIA as the fallout of US President Donald Trump’s first week in office continued to take its toll
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Among the big names reporting: Britvic, Carpetright, Ocado and SSE
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Big names reporting this week: SSE, TalkTalk, AstraZeneca, Compass, Vedanta
Investments and investor services
London's FTSE 100 hit reverse gear as the pound recovered a little of its mojo
Dixons Carphone chief executive Seb James said "while we have still not seen any effect on consumer demand as a consequence of Brexit, we have been planning for the possibility of more uncertain times ahead."
So … who’s already pencilled into the schedule for Wednesday?
Investments and investor services
FTSE 100 stocks closed sharply lower on Friday – with losers topping 50% of the market for the first time this year - as US election jitters came to a head, non-farm payrolls Stateside did little to bolster global markets, and sterling rose
SSE sold one-sixth of SGN for £621mln but was remaining coy, for now, on what it plans to do with the money