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The Latest Breaking News from Centrica

FTSE 100 pauses rally as Iran tensions escalate

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

Evening Standard

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

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 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

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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

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 Guardian - 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

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

The Independent UK

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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.

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news in one place.

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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

The Guardian - UK

UK and US line up string of deals to build modular nuclear reactors in Britain

Agreements include plan to build 12 reactors in Hartlepool with Centrica, creating 2,500 jobs, and fast-tracking UK and US safety checks

The Guardian - UK

EDF extends lifespan of two UK nuclear plants, securing 1,000 jobs for longer

Heysham 1 in Lancashire and Hartlepool in Teesside to continue operating until March 2028

The Independent UK

Two UK nuclear power stations given further one-year extensions

Heysham 1 in Lancashire and Hartlepool in County Durham are now expected to generate electricity until March 2028.

Evening Standard

Stocks mixed despite GDP surprise amid hot US producer price inflation

The FTSE 100 index closed up 12.01 points at 9,177.24.

The Guardian - UK

British Gas owner buys £1.5bn gas terminal in big bet on fossil fuel reliance

Deal for Europe’s biggest facility for LNG imports comes as overall UK gas demand fell sharply last year

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