Get all your news in one place.
100's of premium titles.
One app.
Start reading
Daily Mirror
Daily Mirror
Business
Graham Hiscott

British Gas owner fears another supplier will go bust as pressure on competitors rises

The boss of British Gas’s owner yesterday warned another big supplier could go bust this winter.

Chris O’Shea, chief executive of Centrica, said a warm autumn and winter were piling pressure on weaker competitors.

He said: “Every day they lose money, they become riskier and the more likely we’ll see the failure of a major energy supplier.”

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.