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The Latest Breaking News from Centrica

Gas-fired power still looks a safe bet for Centrica in the renewables era

There will still be a need to have gas in the wings to keep the lights on, so the financials stack up on Severn plant purchase

The Guardian - UK

British Gas owner buys gas-fired power station for £370m for energy ‘security’

The household energy business said it has completed the acquisition of the Severn gas turbine power station.

Evening Standard

Financial stability risks are rising as AI fuels cyber-attacks, IMF warns; oil below $100 on Iran peace hopes – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Oil price plummets as Iran declares Hormuz open

‘For stock and bond market bulls around the world, this is the perfect end to the week,’ said Kathleen Brooks, research director at XTB.

Evening Standard

Starmer adviser urges ministers to look at profits cap for energy and petrol firms

PM’s ‘cost of living champion’ calls for consideration of temporary measure to prevent profiteering from Iran war

The Guardian - UK

FTSE 100 pauses rally as Iran tensions escalate

Donald Trump urged Tehran to strike a ‘meaningful’ deal.

Evening Standard

British Gas boss pockets £3.6m bonus despite company profits halving

Chris O’Shea’s total pay package for 2025 was £4.73 million

The Independent UK

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Centrica boss picks up £3.6m in bonuses and share awards despite profits plunge

British Gas owner Centrica handed chief executive Chris O’Shea a £1.4 million annual bonus and £2.2 million in long-term share awards for 2025.

Evening Standard

Centrica boss to get £3.6m bonus despite sharp fall in profits

Chris O’Shea will receive a total of £4.7m despite British Gas owner suffering a shareholder rebellion

The Guardian - UK

Oil prices rise amid fears of US strikes on Iran – as it happened

Both the US and Iran embark on military posturing amid a stand-off over Tehran’s nuclear programme

The Guardian - UK

British Gas profits plummet as customers switch to discounted deals

Warm weather also lessened the demand for central heating

The Independent UK

FTSE 100 Live 19 February: Index slips, Centrica and Rio Tinto lower on results

Centrica shares have fallen sharply after the British Gas owner posted results today.

Evening Standard

Energy giant Centrica announces £2.4m partnership with charity Multibank

The aim of the Multibank is to ease the cost-of-living pressure on families living in or facing poverty.

Evening Standard

Wake up Labour MPs: the price of electricity is a crisis for industry and growth

Centrica boss’s 2030 prediction is not controversial, but government’s strategy hardly adds up to one to prove him wrong

The Guardian - UK

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The Guardian - UK

Even more energy suppliers are short of capital. Ofgem needs to toughen up

With almost one in five firms breaching targets, the watchdog’s new get-tough approach on capital levels seems to be anything but

The Guardian - UK

Report detailing risk to UK gas security was not one to bury on budget day

Facts in Neso’s stark assessment have been ignored for years – yet running out could be government-toppling event

The Independent UK

The major firms named and shamed for underpaying staff

IN FULL

The Independent UK

Nearly 500 firms fined for failing to pay minimum wage

IN FULL

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news in one place.

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The Independent UK

British Gas owner and Holland & Barrett fined for paying less than minimum wage

Around 42,000 people have been repaid by their employers after being left out of pocket, the Department for Business and Trade said

Evening Standard

Holland & Barrett and British Gas owner among firms fined for underpaying staff

The Department for Business and Trade released a list of 491 employers that underpaid workers over several years.

The Guardian - UK

Energy firms complete UK’s first ‘hydrogen blending’ trial to power grid

A 2% blend of low-carbon gas injected into gas grid to fuel Brigg power station in North Lincolnshire is a UK first

The Independent UK

Brits issued winter energy supply warning with ‘tight days’ ahead

National operator says winter could see power supply stretched as report warns of reliance on imports

Evening Standard

Britain could face ‘tight days’ in winter energy supply, grid operator warns

Early data has suggested that ‘tight days’ are most likely to take place in early December or mid-January.

The Guardian - UK

UK-US nuclear deal: what does it mean and will it really lead to a ‘golden age’?

Starmer announced multibillion-pound link-up to build ‘mini-nukes’ likely to be signed during Trump visit

International Business Times UK

UK Scores Massive US-Backed Nuclear Jackpot: 12 Modular Reactors, 2,500 Jobs – Power Surge or Costly Gamble?

US-UK pacts unleash 12 Hartlepool reactors powering 1.5M homes, £40B investments, 2,500 jobs amid Starmer's nuclear push. Critics fear Hinkley-style overruns

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