British Gas chief takes home £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.
British Gas
British Gas owner Centrica warns energy price cap will hit 2019 performance
British Gas owner Centrica has warned that its financial performance in 2019 will be hit by the energy regulator’s tariff price cap as it reported a double-digit increase in annual operating profits.
Scottish Power joins British Gas in announcing price rise to match Ofgem cap
Scottish Power has joined British Gas and three other “big six” suppliers in raising its prices to meet Ofgem’s latest cap.
British Gas fourth ‘big six’ supplier to raise prices to match energy price cap
British Gas has become the fourth “big six” supplier to announce it is to raise the cost of its standard variable tariff to match Ofgem’s price cap.
SSE hits millions of customers with price rise
SSE has become the last energy firm from the Big Six to hike bills, prompting a minister to call on consumers to “vote with their feet”.
Regulator to investigate energy firms over meters
Ofgem has opened investigations into British Gas, E.On and Npower over their roll-out of advanced electricity meters to business customers.