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....The charities have called on ministers to establish new energy-efficiency initiatives to help people reduce their energy consumption, particularly those in fuel poverty, who cannot afford to heat their homes. Years of rising energy prices – British Gas announced a hike of 12. ... [Read full article on Guardian ]
Saturday 19th of August 2017 11:05:26 PM
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. The confusion surrounding Dorothy Swaine’s contract with British Gas was also compounded by a mix-up over her address. ... [Read full article on Daily Express ]
Monday 14th of August 2017 02:39:00 PM
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Latest Finance News related to British Gas

Countryside faces ‘fuel poverty’ crisis image
Source : Guardian [Read Article] Saturday 19th of August 2017 11:05:26 PM
....The charities have called on ministers to establish new energy-efficiency initiatives to help people reduce their energy consumption, particularly those in fuel poverty, who cannot afford to heat their homes. Years of rising energy prices – British Gas announced a hike of 12. ...
ENERGY customer delivered into safe hands after dire billing muddle  image
Source : Daily Express [Read Article] Monday 14th of August 2017 02:39:00 PM
. The confusion surrounding Dorothy Swaine’s contract with British Gas was also compounded by a mix-up over her address. ...
House price slowdown is excellent news – even if estate agents disagree | Nils Pratley image
.... Paddy Power Betfair is the biggest online gambling firm in the world on some measures and its new jockey is a merely a promising newcomer. The costs of supplying electricity are soaring, British Gas told us last week when it lifted prices by 12. ...
Dame Helen Alexander, first female head of CBI, dies aged 60 image
Source : Guardian [Read Article] Sunday 6th of August 2017 10:39:40 PM
....Alexander, who was chief executive of the Economist Group between 1997 and 2008, died on Saturday, the newspaper said. Her long career included boardroom roles at companies including Rolls-Royce and British Gas parent Centrica. ...
Goodbye to buy-to-let: why I’m moving on after 13 years as a landlady image
Source : Guardian [Read Article] Saturday 5th of August 2017 05:59:04 AM
....The boiler was a constant source of headaches, frequently refusing to produce either heat or hot water despite annual servicing. I had no trouble ever again after I took out a British Gas insurance policy on it. ...
Price cap still possible, government warns energy companies image
Source : Guardian [Read Article] Tuesday 1st of August 2017 07:19:42 PM
. The government has warned energy companies it is still prepared to legislate for an energy price cap, after British Gas announced a 12. ...
British Gas price rise: The cheapest gas and electricity bills to switch and save £300 image
. Families will see bills surge by an average of £76 when British Gas electricity prices are hiked from September 15, 2017. ...
Price gap between best and worst energy tariffs widens to £109 on average image
....98 chasm between Npower’s cheapest deal and standard variable rate, for customers in Greater London. However British Gas had no gap and EDF had actually narrowed the differential since November. ...
Could you spot a fake Airbnb listing, plus what's so fishy about cans of tuna? image
....Who should pay for multiple errors on Travel Trolley flight tickets?. Power struggle as British Gas bills huge amounts for wrong meter. ...
British Gas to pay customers £1.1m over missed appointments image
Source : Guardian [Read Article] Thursday 20th of July 2017 07:26:32 AM
. British Gas is to pay £1. ...
Power struggle as British Gas bills huge amounts for wrong meter image
Source : Guardian [Read Article] Tuesday 18th of July 2017 06:00:12 AM
. For more than a year British Gas has been charging me huge sums for a neighbour’s electricity. ...
Big Six energy companies switch: Leave pricey legacy tariffs behind image
Source : Daily Express [Read Article] Wednesday 12th of July 2017 10:31:00 AM
....Some 8. 3 million British householders have stayed on the standard variable tariff with one of the Big Six suppliers – British Gas, EDF, E. ...
Energy networks' £7.5bn windfall 'should be returned to consumers' image
Source : Guardian [Read Article] Tuesday 11th of July 2017 11:01:08 PM
....Citizen’s Advice said the companies that transmit electricity and gas around the UK, including National Grid, were reaping “eye-watering” average profit margins of 19% from their monopolies. That compares with the 4% margin that big six suppliers, such as British Gas, make selling power and gas to householders. ...
British Gas investigated over switching fees image
Source : BBC [Read Article] Thursday 6th of July 2017 09:11:18 AM
. British Gas is to be investigated by energy regulator Ofgem for potentially overcharging customers who wanted to switch to other providers. ...
Hinkley Point C: the government should start planning alternatives | Nils Pratley image
.... Clark’s wishy-washy response suggests the idea is virtually dead for now, killed by resistance from those Tory MPs who viewed the proposal as anti-market. Shares in Centrica, owner of British Gas, rose nearly 2%. ...
Millions betrayed by Tories’ energy price cap U-turn, says Labour image
....The initial plans appear to be a long way from the prime minister’s promise of a cap saving 17m families £100 each, and are confirmation that the government has bowed to industry lobbying. The share price of British Gas’s owner, Centrica, climbed 1. ...
Smart meter rollout could force household bills to rise, says supplier image
.... Ofgem denied the claim. British Gas, which has fitted half of all the 7m smart meters, was the only one of the big six to hold prices in winter, freezing them until 1 August. ...
Uber and the ‘brogrammers’ feel the consequences of changing the world image
.... The ejection of the founder of Uber as its chief executive last week was that rarest of Silicon Valley events: shareholders taking action to repair a tech company’s culture by removing an executive. The shareholders were venture capitalists who owned chunks of the business, so this was not like the public shareholder revolts seen at British Gas owner Centrica or WPP. ...
Tory pledge to cap energy bills missing from Queen's speech image
Source : Guardian [Read Article] Wednesday 21st of June 2017 03:57:48 PM
....No 10 would only say that May was committed to extending price protection for vulnerable customers, and was considering how best to do that. The share price of Centrica, which owns British Gas and is the UK’s biggest energy company, climbed more than 2% after the Queen’s speech. ...
Closure of UK’s largest gas storage site ‘could mean volatile prices’ image
....The closure of the UK’s largest gas storage plant has prompted warnings that the country faces more volatile winter gas prices and is becoming too dependent on energy imports. British Gas’s owner, Centrica, said it was permanently closing the Rough facility off the Yorkshire coast because it had become unsafe and uneconomic to reopen the facility, which had been temporarily shut over safety fears. ...
Energy price cap likely to go ahead despite warnings of 'timebomb' image
Source : Guardian [Read Article] Monday 19th of June 2017 03:36:14 PM
....”. Pro-cap Conservatives are likely to get further ammunition within the next fortnight, when British Gas is expected to hike prices for the three-quarters of its 14 million customers. ...
Record levels of green energy in UK create strange new world for generators image
.... Solar cuts power demand for National Grid, reducing prices, while wind power also lowers prices. That led to another first last week, when high wind output pushed down the wholesale price and resulted in negative power prices, which means some conventional power plants had to pay household suppliers like British Gas to take their electricity. ...
SSE boss gets 72% pay rise weeks after arguing against cap on bills image
Source : Guardian [Read Article] Friday 16th of June 2017 05:24:56 PM
....92m in 2017 after receiving the maximum possible bonuses for leading a “robust performance” by the supplier last year. The pay rise is even bigger than the 40% rise awarded to the chief executive of the British Gas owner, Centrica. ...
Qatar crisis highlights rising UK energy reliance on imports image
Source : Guardian [Read Article] Thursday 8th of June 2017 06:29:15 PM
....In Britain, the heavily compressed gas is taken by vast Qatari tankers to one of three LNG terminals, where it is stored, ready to be returned to its gaseous state to heat homes and fuel power stations. One terminal is run by British Gas owner Centrica in the Isle of Grain in the Thames estuary. ...
UK lobbies Europe to dilute flagship energy efficiency law image
Source : Guardian [Read Article] Sunday 28th of May 2017 01:06:30 PM
....”. The UK is also pushing to drop an obligation on suppliers – including the big six of British Gas, EDF, E. ...
Big energy firms lobby Theresa May to water down price cap pledge image
Source : Guardian [Read Article] Monday 22nd of May 2017 03:23:19 PM
....”. Analysts at asset management firm Bernstein said a price cap on 17m households would cost British Gas owner Centrica £150m a year. ...
Charging ahead: Welsh battery scheme may aid growth of green energy image
....Across the Bristol Channel, Britain’s biggest energy company is making headway on another innovative pilot project hoping to ease grid operators’ headaches and bring more green energy on the system. This month, British Gas owner Centrica began recruiting households to take part in a £19m trial of a local energy market that will see the company putting batteries, solar panels and smart storage heaters in up to 100 homes. ...
National Grid boss says Labour plan will stall green energy drive image
Source : Guardian [Read Article] Thursday 18th of May 2017 05:00:40 PM
....Separately, investors in two of the UK’s biggest energy companies appear to have shrugged off the impact of Theresa May’s price cap on the energy bills. The share price of British Gas owner Centrica was up by 2% and SSE was up 1% on Thursday after the Tory manifesto included only a woolly promise to protect “more customers on the poorest-value tariffs”, compared with the 17m households the party had pledged before. ...
CRUSADER: Energy firm sees light over bad bill image
Source : Daily Express [Read Article] Wednesday 17th of May 2017 02:15:00 PM
....Fearful and furious with the forces that had lined up against him, he remained convinced their calculations made no sense. After leaving British Gas for a dual fuel contract with First Utility in April 2015, the troubles began for Barry in October last year. ...
Share sale returns Lloyds to private sector image
Source : BBC [Read Article] Tuesday 16th of May 2017 04:54:38 PM
....But taking the dividend payments into account means the total £20bn outlay has already been repaid. Former chancellor George Osborne had hoped to offer the shares at a discount direct to the public, with a campaign similar to the classic Tell Sid campaign for British Gas in the 1980s. ...
Sterling falls after Bank report image
Source : BBC [Read Article] Thursday 11th of May 2017 07:59:40 AM
....The company said there was now "a low likelihood" that the drug would be approved this year. Centrica, the British Gas owner, fell a further 5. ...
Energy regulator under scrutiny as both Tories and Labour vow to act image
Source : Guardian [Read Article] Wednesday 10th of May 2017 06:23:35 AM
....Fast forward to February this year and Nolan was far more polished and implacable under a grilling from MPs, when he criticised the industry for what he saw as unjustified price rises over the winter and said he could impose a price cap if he was ordered to do so by politicians. Nolan’s big move so far has been to refer the energy market to the competition watchdog in 2014 to “clear the air” over accusations the big six suppliers – British Gas, E. ...
Tory MPs plot to water down Theresa May's energy price cap pledge image
Source : Guardian [Read Article] Tuesday 9th of May 2017 05:00:53 PM
....The prime minister would not be drawn on whether some cabinet ministers opposed the price cap policy. Iain Conn, the chief executive of British Gas owner Centrica, which saw its share price slide 1. ...
The Conservatives' energy price cap is not a strong and stable long-term policy image
....These are the tariffs that customers roll on to when their cheaper fixed deals come to an end, and they are the reason for customers overpaying by more than £1bn in aggregate, according to government research. The dominance and business model of the big six suppliers – British Gas, EDF, E. ...
Tory energy pledge: May says she still believes in free market despite vow image
....“Further intervention risks undermining so many of the positive changes we are seeing in the market which are delivering benefits for consumers,” he said. The share price of the British Gas owner, Centrica, was down 2. ...
Energy shares still down on cap pledge image
Source : BBC [Read Article] Tuesday 9th of May 2017 07:38:39 AM
....Shares in Centrica and SSE are down by up to 2% at midday after a promise by the Conservatives of a price cap for energy bills if they win the Election. Earlier British Gas owner Centrica was down 4% and SSE by 2%. ...
Energy bills: £100 cap plan defended by Theresa May image
Source : BBC [Read Article] Monday 8th of May 2017 09:51:56 PM
....There is evidence that some suppliers have started raising the price of their cheapest offers in the past six months, but some in the industry put that down to rising wholesale costs rather than the threat of the cap. British Gas owner Centrica said it did not believe in "any form of price regulation", citing evidence from other countries that it pushed up average prices. ...
Theresa May to promise price cap on energy bills in Tory manifesto image
.... However, it could place her on a collision course with energy companies. British Gas owner Centrica claimed a cap on bills would push up average prices, as the company haemorrhaged customers at a rate that would see it lose a million by the end of the year. ...
Dulux owner Akzo Nobel has shown its colours by rebuffing takeover bids | Nils Pratley image
.... The UK, with or without Brexit, could do with companies with Akzo’s fighting spirit. “There is only one factor driving it [Centrica’s share price] to where it is, and that is the uncertainty about what the Conservative government might do to the energy supply market,” Iain Conn, chief executive of the owner of British Gas, told one frustrated shareholder at Monday’s annual meeting. ...
What's our cut? Energy firm lets customers see profit margins image
Source : Guardian [Read Article] Monday 8th of May 2017 07:52:55 AM
....Octopus Energy said its new deal would use an app to display the profit margins it made on an account, alongside the wholesale prices it paid for electricity and gas. The big six energy suppliers – British Gas, EDF, E. ...
British Gas loses more customers despite holding prices image
Source : BBC [Read Article] Monday 8th of May 2017 07:38:11 AM
. The owner of British Gas has lost more than a quarter of a million customers since the beginning of the year despite not raising prices. ...
British Gas owner warns Tory energy price cap could push up prices image
. British Gas owner Centrica has warned that the Conservative party’s plans to cap energy bills could push up average prices, as the company haemorrhaged customers at a rate that would see it lose a million by the end of the year. ...
Energy bill caps put billions in investment at risk, say suppliers image
Source : Guardian [Read Article] Friday 28th of April 2017 06:01:33 AM
.... Ministers should instead “respect” an 18-month review of the energy market by the competition watchdog, which decided against a cap in favour of measures to encourage greater switching, Energy UK urged. The industry body represents British Gas, EDF, E. ...
TfL to spend £18m on preparing London for new electric black cabs image
Source : Guardian [Read Article] Wednesday 26th of April 2017 04:24:18 PM
....From 1 January 2018, all new black cabs will have to be battery-powered electric models by law as part of TfL’s effort to reduce toxic pollution from diesel engines. The cash will pay for network reinforcements to enable British Gas owner Centrica and other energy companies to install 300 rapid electric-car charging stations by 2020. ...
Car insurance model will not help energy market, says charity image
Source : Guardian [Read Article] Wednesday 26th of April 2017 02:52:40 PM
....Five of the big six have increased standard variable tariffs in recent months, with EDF raising them twice, prompting ministers to promise to save 17 million families £100 a year through a price cap. Scottish Power’s alternative proposal, similar to one previously put to the Competition and Markets Authority (CMA) by British Gas, received a warmer reception from analysts, personal finance experts and comparison sites. ...
Government lacks faith in free market, says energy boss image
Source : BBC [Read Article] Tuesday 25th of April 2017 07:07:41 AM
. The boss of British Gas owner Centrica has said some people at the heart of the Conservative government "don't believe in free markets". ...
Accountants Grant Thornton fined £2.3m over audit image
Source : BBC [Read Article] Monday 24th of April 2017 02:48:48 PM
....Mr Napper was fined £130,000 and banned from auditing for three years, while GT paid £200,000 in additional costs. The FRC said that the auditors had been deceived by the management of AssetCo, a fire engine manufacturer once owned by British Gas. ...
Tory energy bill cap dents Centrica and SSE share prices image
Source : Guardian [Read Article] Monday 24th of April 2017 09:05:46 AM
....Share prices for two of Britain’s biggest energy companies have fallen in the wake of the Conservative party’s pledge to cap energy bills. Shares in British Gas owner Centrica, the UK’s largest energy supplier, fell 4. ...
Energy bills: what's the difference between Tory cap and Miliband freeze? image
.... Miliband’s eye-catching pledge came a few months before wholesale energy prices began a two-year slide, rendering the idea irrelevant. The regulator, Ofgem, acknowledges that costs to suppliers are creeping back up, but said the increases did not warrant the level of hikes that the big six – British Gas excepted – have pushed through on millions of customers in recent months. ...
Tory price promise image
Source : BBC [Read Article] Sunday 23rd of April 2017 01:59:35 PM
....Full details are not yet known, but it is thought the cap would probably be on standard variable tariffs (SVT). But British Gas parent firm Centrica, and fellow supplier E. ...
ENERGY PRICE WARNING: Fury as firms hit customers with sneaky £400 HIKES  image
Source : Daily Express [Read Article] Thursday 20th of April 2017 11:36:00 AM
.... Mrs May told the Conservative party spring conference in Cardiff on March 17 that she was going to clamp down - in what many see as an early election pledge. And she warned she is to go after firms like British Gas, e. ...
Big six energy firms braced for government price crackdown image
Source : Guardian [Read Article] Monday 17th of April 2017 03:43:01 PM
....Central heating systems are being turned off across the country as spring takes hold, but winter is coming for energy companies who have recently hiked bills for millions of households. Theresa May said the energy market was “manifestly” not working after a flurry of price rises by the big six companies – British Gas, e. ...
Millions of EDF customers face second price rise this year image
Source : Guardian [Read Article] Wednesday 12th of April 2017 11:36:37 AM
....EDF blamed the increase on rising wholesale energy costs and government policies that have to be paid for by consumer bills, which include schemes to alleviate fuel poverty and support low carbon power. Of the big six energy companies – EDF, British Gas, E. ...
Energy price cap would damage competition, says SSE boss image
Source : Guardian [Read Article] Thursday 30th of March 2017 12:51:29 PM
....His comments coincide with new statistics that show SSE and other energy companies have only installed smart meters in 10% of British homes, suggesting at current rates they will miss the government target of 100% by the end of 2020. The head of the unit that looks after British Gas’s 22 million domestic customers said the speed of progress showed energy companies needed to do a better job of promoting the meters, which eliminate the need for manual readings. ...
Boss of British Gas owner gets 40% pay rise as millions live in fuel poverty image
. The boss of British Gas’s parent company was handed a pay increase of nearly 40% last year, a raise Labour attacked as “astronomical” and a “kick in the teeth” for millions of families living in fuel poverty. ...
SSE the latest ‘big six’ firm to put its prices up image
Source : Guardian [Read Article] Saturday 18th of March 2017 07:00:32 AM
....”. Four of the other big six suppliers have already announced price rises this year, while British Gas has held its prices until August. ...
Theresa May echoes Ed Miliband with promise to reform energy market image
Source : Guardian [Read Article] Friday 17th of March 2017 04:53:15 PM
.... First Utility, one of the largest suppliers outside of the big six said it was encouraged by May’s comments and “government intervention now looks like the only way to ensure the benefits of competition work for all customers”. But comparison sites and British Gas, the UK’s biggest energy supplier, argued that any price cap would ultimately hurt competition and consumers. ...
Energy costs to soar as Big Six companies turn up the heat image
Source : Daily Express [Read Article] Tuesday 14th of March 2017 08:01:00 AM
.... . British Gas is the only one of the Big Six that has not announced a hike, having previously said it would freeze prices until August. ...
How to beat UK energy price rises image
Source : Guardian [Read Article] Monday 13th of March 2017 12:20:57 PM
.... While it’s not the worst out of the five suppliers who have declared a rise – that accolade goes to Npower – comparison sites have still condemned it as “hammer blow” for householders. British Gas has frozen its prices, but only until August when it is expected to raise them, and experts say its standard tariff deal isn’t good value anyway. ...
SSE to raise electricity prices next month image
Source : BBC [Read Article] Monday 13th of March 2017 09:52:44 AM
....SSE said the electricity price rise was its first for three and half years. Four of the other big six suppliers have already announced price rises this year, while British Gas has held prices until August. ...
Martin Lewis: ALL Big 6 standard energy bills are RIP OFF after SSE hike image
Source : Daily Express [Read Article] Monday 13th of March 2017 09:16:00 AM
....Mr Lewis said: “We now have a true level playing field for comparison, as SSE is the last of the big six firms to announce its pricing intentions. “Five have announced hikes, and British Gas is freezing prices until August, and will, I suspect, increase prices then. ...
How free market helped big six energy firms to rack up huge profits image
Source : Guardian [Read Article] Sunday 12th of March 2017 12:05:09 AM
.... Once the fixed period has ended, unless they switch again they will be moved back on to a standard variable tariff. So energy companies have little incentive to give the sticky 66% a good deal, which results in “excessive prices” generating about £2bn a year for the big six – British Gas, Scottish Power, EDF, SSE, Npower and E. ...
E.ON price rise branded 'monstrous' as users face £97 a year extra image
Source : Guardian [Read Article] Tuesday 7th of March 2017 03:32:17 PM
....”. British Gas has pledged to freeze prices until August, while SSE has promised to hold prices “until at least April”. ...
E.On to raise gas and electricity prices in April image
Source : BBC [Read Article] Tuesday 7th of March 2017 11:24:37 AM
....". Three other big power companies have announced price rises this year, while British Gas has announced a freeze until August. ...
Switch hitch: Ofgem to look into improper exit-fee allegations image
Source : Guardian [Read Article] Monday 6th of March 2017 11:14:41 AM
....The energy regulator confirmed it was talking to some of the big six energy companies after MoneySavingExpert (MSE) handed over a bundle of customer complaints on mishandling of such fees, which can be up to £100. The personal finance site named npower, British Gas and E. ...
Mitie sells home healthcare business for £2 image
Source : BBC [Read Article] Wednesday 1st of March 2017 09:35:09 AM
....Mitie's exit from the healthcare market follows a similar move by fellow outsourcer Mears. In December, Ruby McGregor-Smith stepped down as chief executive of Mitie and was replaced by former British Gas boss Phil Bentley. ...
Energy bills: customer switching hits six-year high image
Source : BBC [Read Article] Monday 27th of February 2017 12:05:06 AM
...."The industry is committed to ensuring the market works for everyone and is taking action to engage with loyal customers," he said. Last week, British Gas, which is freezing gas and electricity prices until August, said it was facing strong competition from more than 50 suppliers. ...
Windfarms aren’t the real reason energy bills are rising. Blame the free market image
.... Theresa May and business secretary Greg Clark have both expressed concern for billpayers. But as Iain Conn, the chief executive of British Gas’s parent company, Centrica, said last week when his company reported a 4% rise in profits: “The government aren’t sure they need to intervene. ...
Barclays: triple the profits, but still a work in progress | Nils Pratley image
Source : Guardian [Read Article] Friday 24th of February 2017 07:09:13 AM
.... The idea that salvation for RSA implied submission to the big insurers’ fashion for consolidation couldn’t have been more wrong. Are standard tariffs at British Gas a raging rip-off or are they are “actually decent value”, as Iain Conn, boss of parent Centrica, maintains? We’ll await regulator Ofgem’s next views on interplay between fixed and standard tariffs. ...
British Gas worst-value tariffs are not 'evil empire', boss says image
Source : Guardian [Read Article] Thursday 23rd of February 2017 01:28:27 PM
. The boss of British Gas’s parent company has defended the worst-value energy deals that two-thirds of households are on, saying they are not the “evil empire”. ...
FTSE dragged down by ex-dividend firms image
Source : BBC [Read Article] Thursday 23rd of February 2017 12:36:49 PM
....(Close): The London market ended the day in the red, with Centrica among the biggest fallers following its latest results. The British Gas owner closed 3. ...

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